Trickle down was always a scam. Supply side economics may have had some merit but it still goes against common sense.
How so? At it's most basic, supply-side economics seems like common sense that more suppliers/supply means lower prices and higher quality competing in the marketplace, thus attracting consumption. At least as much common sense as demand-side economics that we're practicing now.
Nothing you wrote disproves trickle down economics as a scam. Which it is. Those with capital will never voluntarily give that money away.
Just reduce it to a micro-level. Say you own a store that makes popcorn. Would it make sense to make more popcorn than what people are demanding?
Why should they give that capital away?
Possibly, if you’re a government looking to build an industrial base and spur innovation and even diversity.
How much of your money do you hoard?
It's rich that you're using 'poor Amazon' as your example.
I’m not saying poor Amazon. I’m saying it’s not going to work. Your reading comprehension is not good.It's rich that you're using 'poor Amazon' as your example.
The taxes the Biden Administration is proposing is no where close to the taxes paid in this country back in the 60s and 70s. And using the money for our crumbling infrastructure is a no-brainer.
And it’s not going to happen. Take a look at where that business owner is putting his campaign contributions and charitable monies if you think that politicians are going to grab any portion of his money that he doesn’t want to give.
The special exemptions will be written in and the trading this for that will happen behind closed doors, just like it always does. Doesn’t really matter who’s in charge.
Lol at crumbling infrastructure again. When was the last time your power went out? Do you have a hard time navigating the potholes to get to Target or HyVee? Is the airport runway too dangerous to land on so they redirect you to a different city? Do you lose cell service because towers are collapsing?It's rich that you're using 'poor Amazon' as your example.
The taxes the Biden Administration is proposing is no where close to the taxes paid in this country back in the 60s and 70s. And using the money for our crumbling infrastructure is a no-brainer.
What in the holy folk is HyVee? It sounds like a got damn venereal disease.
These guys believe an economic premise that hasn't worked for 40 years is going to suddenly start working, while the economic premise that actually worked for the 40 years before that will never work.
So tech advances that allow simple retail to be largely handled by one company isn’t a major contributor to the increased concentration of wealth at the top? That’s... a take, I’ll give you that.
Never been in either a Wegmans or a Publix. I have a hard time believing either is significantly better than HyVee. I mean, it's a grocery store that's good enough to cater weddings.
HEB in Texas is probably the best in the country, largely due to their huge variety and availability of amazing meats. These stores are absolutely huge. Wegmans is an Atlantic-seaboard chain and is consistently rated in the top 3 for selection and customer service. Wegmans was doing the restaurant-in-a-supermarket concept before HyVee and does it quite well. Publix is a central Florida chain that has been sweeping the south due largely to its customer service. Other than service and cleanliness, Publix doesn’t do anything great (unless you love their deli subs) but doesn’t have any holes either.
'Trickle down' happens ... whether it's government or private industry.
