In hindsight, what went so wrong with trickle down theory?
>>18154308It's like tipping: if it's not enforced, if there are no consequences, and you're supposed to tip a substantial amount of your net take in, are you really going to do it?
>>18154308You chimpanzee wouldn't be writing bullshit with your iPhone 77 now if trickle down economics didn't work. Because you unproductive parasite wouldn't survive a week if you weren't sustained in care-free life by betters than you.
>>18154308He "forgot" that the banking cartel is constantly printing money and handing it out to the rich and well-connected
reagan never proposed a "trickle down theory", it is a meme created by leftists who want infinite taxes to pay for niggers and immigrants
>>18154308Simpler task. Name one thing that went right.
>>18154586>reagan never proposed a "trickle down theory"Not coined but his policies hinged on the idea.>infinite taxes to pay for niggers and immigrantsYou literally need taxes to do anything in a functioning state. Also most of the people on welfare and benefits are either old or white. It's been public knowledge for 40+ years at this point.
>>18154308People at the top tend hoard the wealth, they don't actually spend significant amounts of it.
>>18154550The CEOs made a shitload of profit off of the iPhones by paying a lot in stocks and leveraging the future sales that would be produced by the workers to pay the workers in things they hoped would appreciate in value, they didn't trickled down their own wealth, they used their wealth to establish strawmen that exploited people who signed contracts to work for the strawman in hopes of future cash windfalls.
>>18154593No you stupid nigger. They invent and produce staff which benefits you.
>>18154308The worst mistake was calling it trickle down because it triggers instant assmad with socies. Does that graph show that the party who constantly bitches about taxing the rich also plan to tax everybody more in general?
>>18154601Dude, Reagan was AGAINST corporational shenaginans. Don't pretend that the current bordello is some "trickle down reaganomics". It's good old Keynsian socialism. You DON'T fix it by increasing business taxes - which is all you morons want.
>>18154603No, corpocuck, they raid public universities for new technology to privatize and leverage nonexistent future sales to create hype and pay engineers, then fire the engineers when the product actually succeeds.
>>18154603>They inventThey don't. They pay research staff pennies to do that, that is if they don't suppress it.>produce staff which benefits you.A fuckton of their manufacturing is abroad (or they slap a Maed in X label) and they have directly advocated for the gutting/commodification of the education system pre-post uni/trade school and walling off research journals.
>>18154612>You DON'T fix it by increasing business taxes - which is all you morons want.Taxes aren't the issue. It's the fact that infrastructure and actual consistent delivery of services has been basically wrecked at this point. Having zero taxes mean jackshit if the roads are total ass or brownouts occur.
>>18154619Just so happens that only the "tax the rich" folks like to seethe about some "trickle down". Reagan has explained to them that murdering business is not the way forward.Increasing business competition (that is something exactly opposite of what these morons want) is. China has over 100 independent, private car producers. They develop because they DON'T wine about business owners and "the rich".
>>18154308Trickle down economics is literally correct. A better question is, why did we allow leftists to take over public discourse to go around saying it's false?>out of 10 people there are 2 successful farmers who are successful and produced 100 beans this year, 5 who are average and produced 50 beans, and 3 lazy bums who dicked around and produced 0 beans>leftists want us to take beans away from the successful farmers and give to the NEETs, every year we will continue to make 450 beans total per year (assuming the successful farmers dont leave for somewhere with better tax policies)>if we dont take beans away from the successful farmers, they may be able to use them for experimentation and we may be able to produce new fertilizer or farming techniques from those experiments>total bean production now explodes to the rich farmers producing 1,000 beans each and average farmers producing 250The only thing that actually increases the aggregate economic value is new technology, and you kneecap innovation when you waste too much on gibs>>18154592>You literally need taxes to do anything in a functioning stateAs a private individual who is not part of the state, I do not want the state to do any more than the bare minimum necessary. >most of the people on welfare and benefits are either old or whiteanother episode of leftist leaving out per capita
>>18154625>Reagan has explained to them that murdering business is not the way forwardPaying the taxes that everyone is supposed to pay up for isn't killing business. >Increasing business competition (that is something exactly opposite of what these morons want) is. Almost all those business interests want to cut down the competition, cuck regulation to suit their interests and basically rent-seek the American consumer to death.>They develop because they DON'T wine about business owners and "the rich".Do you just read shitty twitter news posts or something?
>>18154634>As a private individual who is not part of the statewe got a Sovereign Citizen loser here
>>18154625Yhea but they straight execute them over scandals too.China is young in business like that. After 200 years even getting the government to not over regulate the industry so much that new companys cant start up against the old behemoths may not be enough.
>>18154613>>18154613Kek, as someone who has actually done medical research at a university, it's usually more>professors patent research and spin off a startup>hires postdocs and grad students>startup either fails clinical trials or succeeds and people get to use the cool new invented thing (usually takes forever because of all the rounds of FDA trials)I have never once heard of a corporation raiding a HYPSM-tier university>>18154638I'm not, but I'm also not a glowie or a clinton or a bush or a kennedy, so making the government super powerful doesnt benefit me. So are you a glowie, part of a wealthy political dynasty, or a bootlicker?
>>18154646>As a private individual who is not part of the stateYou can't just opt out of the state.
>>18154647I am not one of the rulers/hereditary ruling class of the state nor part of the apparatus ruling it
>>18154603Name the last 5 things the Rothschild family invented.
>>18154662They sponsored thousands of inventions.
>>18154664Name the last 5 things the Rothschild family invented anon.
>>18154665These are the people who want to run the economy.
>>18154646>I have never once heard of a corporation raiding a HYPSM-tier universityIt literally happens iPhones, its why I brought it up.https://www.aau.edu/university-research-made-your-smartphone-smart
>>18154308Nafta, the immigration act of 1990, free trade and the WTO Reagan was pro free trade, but he wasn't actually the one who put all the shitty polices into effect. that would be bush 1 and clinton
>>18154666>can't name even 5 things the Rothschild family has invented
>>18154666No, they are the billionaires whose wealth should be trickling down through inventions as >>18154603 asserted instead of being hoarded by a family and used primarily to fortify their own social status.
>>18154592>You literally need taxes to do anything in a functioning state.nah> Also most of the people on welfare and benefits are either old or whitethey're disproportionately black, foreigners and roasties
>>18154671I told you. They sponsor the research departments of ALL companies they own.
>>18154586>economics isn't real stop talking about it oogabooga niggers and trannies!>are you distracted yet?This is why people don't take you seriously in real life.
>>18154675So what are the last 5 things the Rothschild family invented?
>>18154675>They sponsor the researchthat you can't actually point out or name?
>>18154679You are boring. And dense.
>>18154681You can't answer a simple question that your entire ideology revolves around.
>>18154675You mean they pay companies to steal public university research that they can privatize for profit?
>>18154680I can't be arsed to check it for you. You would certainly be surprised but I'll leave it if as an exercise for you.
>>18154673>they're disproportionately black, foreigners and roastiesNope. Unfortunately the voter base that votes against having the bare minimum of social assistance and support also tend to be on it or will do so soon
>>18154689>Rich people invent things so they deserve to be rich!>What things?>I don't know
>>18154689So you asserted "facts" that you have never actually validated?
>>18154693EVERY FUCKING THING THERE IS was invented (or funded) by business owners.LED bulbs and 5 varieties of them. Happy?
>>18154689>You would certainly be surprisedYou definitely would be since you can't even name a single thing you are basing your entire argument around.
>>18154697The Rothschild family invented LED lights?
>>18154697No, they were largely invented or funded by public agencies like the DOD or public universities.
>>18154699What a fucking idiot. What the difference it makes which exactly companies are owned by Rothschilds in particular.
>>18154704You're genuinely seething that you can't list even 5 things the Rothschild family invented, aren't you?
>>18154702And who builds DOD's equipment?
>>18154708Public funds are used by the DOD to build and experiment.
>>18154706I am seething at an idiot who doesn't have the slightest idea of how the modern economy works but imagines that he invented some gotcha kek.
>>18154704You specifically said that rich people largely use their wealth to make inventions that benefit poor people and those are some of the richest people, but you can't name any inventions to credit them for.
>>18154711>slightest idea of how the modern economy worksAren't you the retard who tried to imply that the Rothchilds pay to build all the DOD equipment?
>>18154691>Nope.you're literally lying. black and illegals are significantly more likely to be on welfare than whites are. >but illegals can't get welfarepretty sure WIC straight up doesn't even discriminate and illegals can get welfare via their anchor baby kids. the only reason you get the >whites are on welfare meme is because whites are like 60% of the pop but like 40% of the welfare recipients where as blacks are like 13% of the pop but like 36% percent of welfare recipients hell we just had a shutdown because the dems wanted more welfare gibs for illegals and "legal" migrants
>>18154713Dude, you are retarded. I told you that everything around you was invented by private business.inb4 - modern internet and computerization was conceived in private XEROX Parc. The short list of their inventions is: laser printing, Ethernet, the modern personal computer, graphical user interface (GUI) and desktop metaphor–paradigm, object-oriented programming, ubiquitous computing, electronic paper, amorphous silicon (a-Si) applications, the computer mouse, and very-large-scale integration (VLSI) for semiconductors
>>18154710Wrong. DOD pays Corpos for everything.
>>18154724Yes, which is the exact opposite of your claim that the corpos trickle down their wealth by paying the DOD for everything.
>>18154711Your entire argument rests on the idea that rich people deserve to be rich because of all the things they invent but cannot name even 5 things the richest family on Earth invented which would justify their wealth. So, again, what are 5 things the Rothschild family invented?
>>18154726Not that poster. Anyway who came up with trickle down as a term, was it a republican? What a retard if it was.
>>18154727Again, you are stupid an I am not going to look for an answer for your stupid question.What YOU have invented which entitles you to be so dense?
>>18154729>can't name even 5 things the richest family on Earth invented
>>18154727>>18154729Calm down guys, this is 4chan, were all retards here.
>>18154308it worked out for the boomers
>>18154729>You are stupid because I am completely unable to answer basic questions that would prove up my argument.Whatever you need to tell yourself to no feel as stupid as you are.
>>18154550the rich chimpanzee wouldn't be able to make the iPhone without government subsidies, government research and foreign chimpanzee labour
>>18154750They would be much more efficient at that if socialists didn't grant them market monopolies under the guise of "regulating business".
4. 4 things invented by the Rothschild family? Anyone?
>>18154788>Economic Warfare>Financial Subterfuge>Dark Money>The Deep StateBonus:>Broken Window Economics
>>18154800>buzzwords buzzwords buzzwords
>>18154812They became buzzwords because the richest family on earth invented the processes in order to successfully infiltrate world governments so they could hoard their wealth instead of allowing it to trickle down.
>>18154800>>18154818What are some books on this?
>>18154820The Ascent of MoneyThe House of Rothschild: Money's Prophets 1798-1848Banksters and WarmongersThe Rothschilds: The Financial Rulers of NationsPedophilia & Empire: Satan, Sodomy, and The Deep State Or just read their wiki page to get started.
>>18154788Well, privately invented AI to the rescue:Patents associated with other Rothschild inventorsJacob A. Rothschild: Co-invented several patents assigned to Honda Motor Co., Ltd. related to vehicle door mirrors and camera systems.Peter Rothschild: Co-invented patents assigned to American Science and Engineering, Inc. related to X-ray inspection systems and radiation detection.Richard A. Rothschild: Inventor of patents related to personalized preference optimization using biometric data, telemedicine, and providing advertisements based on user interaction.Maxwell Bell Rothschild: Co-inventor of a "multipurpose storage device and method" assigned to MIEH, Inc..Michael Rothschild: Inventor of patents related to computer processing, networking, and devices for assisting passengers to sleep.
>>18154838So how much money trickled down to poor people from those inventions vs how much profit did they personally make on those inventions?
>>18154847Don't move the goalpost you pathetic imbecile.What YOU have invented which would entitle you to ANY wealth created by others.It isn't about money but about goods and inventions you benefit from. That was the pint from the beginning but you morons only see the "mooneeey".
>>18154858>Don't move the goalpost you pathetic imbecile.How has a goalpost been moved? The thread topic is about trickle down economics and the goalpost moving argument was that inventions allow wealth to trickled down from families like Rothchilds to the average poor person, so how much wealth have those inventions generated for people who aren't Rothschilds in trickle down theory instead of just being mechanisms that allow them to hoard and fortify their own personal fortunes?
>>18154876Kek idiot. Your quality of life has improved because of other people's inventions. You can NEET and ask kindergarten level questions (mixed with tricky ones which are _obviously_ impossible to answer like a typical leftard crook) instead of working in the fields and standing for hours in breadlines - like in centrally planned, government run economies.
>>18154838And these were all members of the banking family Rothschild, not random guys with the surname Rothschild, yes?
>>18154888yes
>>18154308TVsFridgesCarsSmartphonesElectricityComputersLightbulbsetc..>New things start expensive in small units>Mass production happens>They become dirt cheap and available everywhereOn regulation side.>China>very low regulation>explosive capital society>tons of competition>mass production>all things become dirt cheap>costs become close to raw material >high job rate>high income mobility>highest amount of middle class in the world
>>18154890Except, no.
>>18154905Yes.
>>18154885>Your quality of life has improved because of other people's inventionsBut rich people aren't the ones inventing most things and even the ones you cited they were all just co-inventors and didn't actually get the full credit since all they contributed was money that was offset by government subsidies and enabled by publicly funded research.There haven't been breadlines since the 1980s when the governments were collapsing because of foreign interference. Meanwhile just last year there were egglines in america because of inflation and lack of supply and hardly anyone can afford proper healthcare.
>>18154659Nope but youre being ruled by those two groups so you are a part of the state
>>18154721There are more white people in America than black people so there are more white people on welfare than black people, purely numbers.
>>18154909Your Jacob A Rothschild is some guy from California...
>>18154812>i dont like these words so theyre buzzwordsIntelligence frightens the shill
>>18154901>China very low regulationYeah, they frequently keep their laborers in a barracks on the jobsite and don't allow them to leave. Have you heard about Foxconn? They have permanent suicide nets around the building because so many of their slave laborers kill themselves.Foxconn makes electronic components that are in most phones and most video game consoles. Without Foxconn a good portion of our electrical devices would cease to exist. Well, they're constantly leaving messages in the boxes of their products and hidden in the devices they make, they usually say "please help us".You really think that's a good labor model for our country. I'll spoil your fantasies for you, if this came to pass, you wouldn't be the one holding the whip.
>>18154308Nothing, it's just that its actual goals are different from the claimed goals.
>>18154941>no evidence>just buzzwords>calls anyone who disagrees a shillOk, a shill for what?
>>18154933You seem to be jealous about money. In a market economy, money is just the equivalence of services provided for the consumers. It's a measure of one's contribution. If you contribute "a lot" (you create a lot of jobs for example - Rotschilds probably employ millions of workers; although fuck you if you want me to check this) then you get "a lot" of money in return. Leftists whining about money are missing this point. People who actually run the economy _already_ contribute by doing this; if you'd take money from them you would de facto force them to contribute without compensation.Now, in the real world there are countless ways to abuse this mechanism and "earn" money without contributing much; or at all. Focus on fixing this, but NOT on screaming about "wealth" and "wealthy" in general. They could only be replaced by bureaucrats which are infinitely worse at this task; if only because their personally risk nothing for failing.
>>18154953>You seem to be jealous about moneyNo I seem to be trying to see if wealth actually trickles down like trickled down economics predicts and you are just butthurt you can't prove such a thing actually occurs since the top 1% tends to hoard far more wealth than they give to poor people.>It's a measure of one's contributionYes which is why you have no way to actually measure your intuited claims since rich people don't actually trickle the money they are given down the line as trickle down economics predicts.>you would de facto force them to contribute without compensation.That is the point of trickle down, that the top earners use their wealth to enrich others instead of just leveraging it for their own future compensation.>Now, in the real world there are countless ways to abuse this mechanism and "earn" money without contributing muchAnd we know this for an absolute fact because rich people tend to exploit those countless abuses instead of enriching poor people down line like with every pyramid scheme and ponzi scheme ever.
>>18154944Moving billion people out of poverty is the benefit.Similarly, the same model happened in the west early on during industrial revolution. Hundreds of millions were lifted out of eternal poverty. The cost of doing work is always there, you either dont do any work and die a slow death (decadent death) or do plenty of work, reap plenty of rewards for your future and future generation.
>>18154969Moron.Wealth isn't money.Wealth trickles down.
>>18154975Sure, the reason a large portion of the population can't even afford proper health insurance or to take vacations is because so much wealth has trickled down to them that they don't even have time to be healthy or happy.
>>18154308>what went wrongthe theory that the "rich" would share the wealth was always a retarded fantasy. The whole point of high taxes (95% tax) on income earned over a million per year was to make it pointless to earn more than that, which does cause the wealth to get spread around.
>>18154982It's because of government monopolizing business and turning the current economic system into an abomination resembling the medieval guilds.Make no mistake, the current economic system is absolutely abhorrent. BUT - YOUR proposed solution would only make it worse as you are barking up the entirely wrong tree. In fact you are SUPPORTING all current abnormalities with you actions.
>>18154982and - what this has to do with some boomer who was running USA for a while 40 years ago?
