Path: ccsf.homeunix.org!ccsf.homeunix.org!news1.wakwak.com!nf1.xephion.ne.jp!onion.ish.org!news.daionet.gr.jp!news.yamada.gr.jp!rlss-news!oucc-news.okayama-u!news-sv.sinet!newsfeed.mesh.ad.jp!news.moat.net!border1.nntp.sjc.giganews.com!nntp.giganews.com!local1.nntp.sjc.giganews.com!news.giganews.com.POSTED!not-for-mail NNTP-Posting-Date: Sat, 12 Jun 2004 13:17:19 -0500 Subject: Re: Reagan's funeral Date: Sat, 12 Jun 2004 11:17:19 -0700 From: Gerry <222ggg@spam.really.sucks> Newsgroups: fj.life.in-japan Message-ID: <120620041117195619%222ggg@spam.really.sucks> References: <2innd8Foqns8U1@uni-berlin.de> <57hgc0l56t3p9k7p9kj8kg5neg3o1cc9n3@4ax.com> <id_xc.82745$3X2.15028@newssvr25.news.prodigy.com> <2ircqvFpkbbqU1@uni-berlin.de> <40C8A2B4.7020103@yahoo.com> <nF2yc.83144$dn5.49161@newssvr25.news.prodigy.com> <caas5k$l4o$1@news.Stanford.EDU> <mR6yc.83236$B97.37510@newssvr25.news.prodigy.com> <caauhk$n8a$1@news.Stanford.EDU> <cac7ar$cd0$1@reader1.imaginet.fr> <cacbet$q1f$1@news.Stanford.EDU> <110620040959011079%222ggg@spam.really.sucks> <cadfje$ncj$1@news.Stanford.EDU> MIME-Version: 1.0 Content-Type: text/plain; charset=iso-2022-jp Content-transfer-encoding: 8bit Mail-Copies-To: nobody User-Agent: Thoth/1.7.2 (Carbon/OS X) Lines: 54 X-Trace: sv3-iz9r1EfaZLMiam1LWXosno73EDmxOmVZtbY7Aweh7MzBu535Inci5A7cXPwu0dfeCxQ9VbIqAeC2hx+!IOQKPblHiEIGlG52WODg2AN/2AzhMxUfTiyDJPkHiyZRRhNxdtXSUwBkkYn93C3u7n1ol6GR X-Complaints-To: abuse@giganews.com X-DMCA-Notifications: http://www.giganews.com/info/dmca.html X-Abuse-and-DMCA-Info: Please be sure to forward a copy of ALL headers X-Abuse-and-DMCA-Info: Otherwise we will be unable to process your complaint properly X-Postfilter: 1.1 Xref: ccsf.homeunix.org fj.life.in-japan:14433 In article <cadfje$ncj$1@news.Stanford.EDU>, <mtfester@netMAPSONscape.net> wrote: > Gerry <222ggg@spam.really.sucks> wrote: > > In article <cacbet$q1f$1@news.Stanford.EDU>, > > <mtfester@netMAPSONscape.net> wrote: > > >> > One way (the government bankrupts) or the other (the government raises > >> > taxes to the sky), they'll never get that money back. > >> > >> Sorry, but this is really, er, "imaginative" as economics go. > > > As imaginative as "trickle down"? > > Quite possibly. Could you explain how this works, please? Sadly, the last speech-reader who purportedly understood it has moved to the big spreadsheet in the sky. The basic idea was this though: If you give rich folk and industry a lot of money (tax "breaks", tax cuts, direct outlays of cash, etc.) they will: Throw a party - and have to hire help to accomodate it; catering, musicians, servers, etc. Add a wing to their house - and hire construction to accomodate it Buy another car - The dealership will hire more salesmen, the manufacturer will hire more line production The theory continues that you can't have growth in an economy unless rich folks are spending poor folks money. This process allows the government to hand it right over, after taking their own cut, of course. Also government officials get financially courted by industries and individuals who want a wider conduit to such money. Everybody's happy! This was supposed to be the diametric rhetorical opposite to the New Deal, which hired the unemployed for public projects, provided financial security for their years after they were usable for work (and extracted from their paycheck to accomodate this). All this was to keep old, enfeebled, or the vast unemployed from starving and dying publicly. Remember those breadlines from the depression of newly initiated lazy bums? In other words, by some screwed up liberal "concept", bail those who are in trouble out of trouble. The trickle-down concept believed that the only way to help poor folk was to give their tax monies to rich folks. -- First they gerrymander us into one-party fiefs. Then they tell us they only care about the swing districts. Then they complain about voter apathy. -- Gail Collins