Showing posts with label Trickle-down economics. Show all posts
Showing posts with label Trickle-down economics. Show all posts

Monday, February 14, 2022

TRICKLE-DOWN ECONOMICS



 

News papers are expressing fear for the economy because stock values are falling due to the possibility of a Russian invasion of Ukraine. 

 

That just shows where the government’s economic priorities are.  Judging the economy by the fluctuations of the stock market reflect how well the rich are doing.   It ignores the economic plight of the middle and poorer classes where the real economy exists.


the Ol'Buzzard

 


Monday, May 23, 2016

THE LAST GREAT BASTION OF CAPITALISM…








We live in a capitalist society and it is time we quit crying about the inequality of income.   By definition, money created in a Capitalist Society goes to the people with money.    Capitalist Societies do not exist for the benefit of the poor or the middle class.   Workers are meant to create wealth that goes to the top.   In a Capitalist Society it is not the people that generate wealth, but the people that accumulate wealth that are respected.

America is the last great bastion of Capitalism.  Our government works as it is supposed to, passing and respecting laws that generate wealth for the wealthy, and relying on trickle-down economics will provide cake for the unmoneyed classes. 



Once Capitalism is in force, you can’t change any part of the structure without destroying the concept of capitalism, and by extension the economy of the country.    Our whole economic structure, and therefore our social structure, depends on business thriving at the expense of labor. 

If the pharmaceutical industry was replaced with socialized, price controlled medicine, millions of people working in and supporting that industry would become unemployed.   If the military industrial complex was downsized millions of people would become unemployed.  If the insurance industry was replaced by Medicare For All…    if the fossil fuel industry was replaced by clean and available solar, wind, water and tidal… 

The creation of wealth by these industries go to the Barons of industry, and as long as these industries are profitable the rest of us get to eat cake.   


The Republicans understand and support this Capitalist concept; while we Democrats live in a Capitalist world while dreaming a Socialist dream.  



Reality sux
the Ol'Buzzard