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Trickle down economics is the biggest scam in the world. This country has no morals if it keeps rewarding the rich for being rich but screwing over the middle class & poor. But yeah redumblicans, tell us again how a republican president was going to be great for the economy... fucking morons...
windinhishair · 61-69, M
Nothing. Trickled down failed under Reagan. It failed under Bush 43 and pushed us into the biggest recession since the Depression. It failed miserably in Kansas over the past four years at the state level. Simply put, it doesn't work, it never works, and it wouldn't be expected to work this time. Even David Stockman, Reagan's budget advisor, later said it was all a hoax to lower taxes on the wealthy.
TexChik · F
For those who invested in the stock market, the financial gains were substantial. For those who stood outside holding out their hands expecting it to rain money, they were soon disappointed. But the trickle down has worked. Unemployment is at a 17 year low, consumer confidence at a 17 year high. Money is actually being put into the treasury.
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ladycae · 100+, F
none
JoyfulSilence · 46-50, M
They say the stock market will rise. So my 401K will rise.
JoyfulSilence · 46-50, M
A rise is a rise.
The downside is the deficit will rise, which is not good for my particular line of work. So maybe things will offset.
The downside is the deficit will rise, which is not good for my particular line of work. So maybe things will offset.
ladycae · 100+, F
@JoyfulSilence what happens when the stock bubble bursts?
JoyfulSilence · 46-50, M
My horizon is long. I cannot cash it out until I am 59.5, otherwise I incur a 10% penalty. I am in for the long haul. I do not worry about fluctuations, since the trend is always up over time. It would suck if it tanked right before retirement, though. Yet I can transfer my money from stocks to Treasury Securities in 24 hours if needed.
akindheart · 61-69, F
i believe that number was shown in the media...i expect to receive a bigger tax credit.
Sarah123 · F
i can feel it already... standing in the cold rain...
Not a damn penny
My guess.....nada
UndeadPrivateer · 31-35, M
0%.
bijouxbroussard · F
Hah ! I’m [b]not[/b] holding my breath. 😏