Tuesday, December 23, 2008

Liberal Trickle Down Economics

All these years, liberals have been telling us that "trickle down" economics doesn't work. The idea that benefiting those at the top of the economic food chain trickles down to those at the bottom was said to be ludicrous. Now liberals (and I now officially include George Bush in that category) are bailing out big corporations, on the theory that benefiting those at the top will trickle down to those at the bottom.

How times change.

6 comments:

Lee said...

The liberals are all about control. Everything they say and do is calculated to acquire it. When big business is going along just fine without their "help", liberals talk like populists, but that's only to fight for control. Now that big business has their tin cup out, liberals are taking a different tactic, but that's only to fight for control.

To conservatives, power is important. To liberals, power is everything.

Anonymous said...

Peeing up, like breaking up, is hard to do.

Lee said...

So aim high!

David Adams said...

I'm pretty sure the liberal trickle down is better than the conservative trickle down. They just care lots more.

solarity said...

It's called "trickle-down" only during a repub admin when vilifying corporate America might advantage the dems in an election cycle. Regrettably, it seems to work.

Lee said...

Liberals have always been all about "trickle-down", there just haven't been any Republicans since Reagan articulate enough to point it out. E.g., all the subsidies for what is laughingly referred to as "higher education" effectively take money out of the hands of non-college educated, lower-paid workers to subsidize the education of middle-class kids who will go on to out-earn them. E.g., their clients, the unions, all make far more money than the non-union labor the Dems could not possibly care less about -- which is why they support hikes in the minimum wage. The minimum wage has little to do with helping employees at the lowest rungs of the economic ladder, but everything to do with protecting unions from cheap labor.