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Old May 3rd, 2018, 07:50 AM   #21
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Originally Posted by xMathFanx View Post
@Clara

Thank you for highlighting my point and supporting my argument.

Also, did you read what I said? $50,000ish per year, per person. If you have a married couple, that is $100,000 a year--not an issue at all. Now, there is potentially an issue with having to work consistently without breaks, but then again, as I stated, there are potentially ways around that with investing wisely.

Edit: Or, if one parent stays home with the kids, there are now extremely flexible reasonable pay jobs from home with little to no minimum hours. Then, if the full-time worker puts in an extra shift spread out over the weekend (or week), and the stay-at-home parent puts in part-time work when convenient, then you can easily push that 50k a year to 65-70k without much difficulty at all.


OHHHH.....did you say $50K per person?? Let's take a look at your post:
Quote:
50k a year is enough to mortgage a decent house or good condo, have a car, insurance, no shortage of food, mobile phone, utilities, some 'spending money' & a bit of savings to invest in anyway one chooses.


Apparently, my mind-reading abilities aren't what they used to be.
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Old May 3rd, 2018, 08:07 AM   #22
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I have been informed (by many on DTT) that the trickle-down/tinkle on concept works, J. AND it is successful for several reasons. Here are some of their offerings:
*The top 1% must be given tax breaks so they will invest that extra money in employment, improvements and economies.
*The top 1% deserves those tax breaks because they have worked harder and smarter. They have built better mouse traps. They have spent MORE TIME on their trade.
*The top 1% are generous, altruistic and charitable, thereby contributing to the "general welfare" of those who NEED welfare.
*The top 1% assure us that EVENTUALLY all their hard work will "DRIP" down to the needy.

Reagan used TRICKLE. Shrub used TRICKLE. It seemed to work, BUT..... at the same time, the Federal Reserve lowered the fed funds rate. It fell from 6 percent to 1 percent. It's unclear whether tax cuts or monetary policy caused the recovery.
NOW we understand what happened. It took decades but here we are. Income inequality worsened--dramatically. Between 1979 and 2005, after-tax household income rose 6 percent for the bottom fifth. That sounds great until you see what happened for the top fifth. Their income increased by 80 percent. The top 1 percent saw their income triple. Instead of trickling down, it appears that prosperity trickled up.

Unfortunately, you'll NEVER convince a Reaganite or a Trumpette that trickle down doesn't work.
I can tell you what happened to income equality in CA. Legal citizens lost their jobs to illegal aliens in mass. High taxes and regulation are forcing the middle class and small business out of CA. The only "trickle down" that happened in CA. was money saved by illegal employers.
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Old May 3rd, 2018, 08:37 AM   #23
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OHHHH.....did you say $50K per person?? Let's take a look at your post:


Apparently, my mind-reading abilities aren't what they used to be.
@Clara

Yes, it is. Again, thank you for supporting my point--even though it has went clear over your head (as usual).
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Old May 3rd, 2018, 12:45 PM   #24
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@Clara

Yes, it is. Again, thank you for supporting my point--even though it has went clear over your head (as usual).


"IT has WENT clear over your head?" Has WENT??

When is your 8th-grade graduation ceremony?? Here's a tip: Be sure to take HIGH SCHOOL English. Obviously, you need it.
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Old May 3rd, 2018, 11:07 PM   #25
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"IT has WENT clear over your head?" Has WENT??

When is your 8th-grade graduation ceremony?? Here's a tip: Be sure to take HIGH SCHOOL English. Obviously, you need it.
@Clara

Refer to any respectable linguist--those are (overwhelmingly) bullsh*t, non-relevant rules established at a young age by force & repetition. Completely meaningless. The power of language is the ability to convey concepts/ideas accurately.

Always a pleasure to talk to you Clara
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