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Quote:

Originally Posted by Nebe (Post 1079401)

Trickle up VS. Trickle down.
How has trickle down worked for the economy? Ho has generated the new wealth in the last 10 years? Not you. Not me.
Posted from my iPhone/Mobile device

New wealth is constantly being created, but mostly not reported in popular media. Old wealth, obversely, is constantly being destroyed and mostly not being reported in popular media.

Among the largest new wealth creation in the last 10 years is a result of trickle down . . . trickle down government stimulus money distributed to banks in hope of "stimulating" the economy . . . and trickle down government bailout money trickled into the wallets of banks and corporations and unions.

Quote:

Originally Posted by Nebe (Post 1079439)

i try to look at everything objectively.
While money in banks may help with mortgages, loans, etc.. In my opinion the way to really get the economy humming is to somehow get people's pay rate higher

The least inflationary ways to get pay rates higher is to reduce the government's bite in the people's paychecks, and to reduce regulatory burdens on business which reduces the cost of doing business (as well as making it possible for new businesses, especially smaller ones, to be created) which can lower the price of products (making pay rates higher) and make U.S. produced goods more competitive on the world market.

But arbitrarily mandating hikes in pay, such as increasing minimum wage, or negotiating as a matter of course for higher pay every three years, as in union contracts (especially public unions) results in short term pay gains which are shortly wiped out by the ensuing inflationary effect and must, as a matter of course, constantly be renegotiated at higher levels . . . infinitum . . . distorting market forces and eventually creating an artificially inflated and uncompetitive market ripe for "outsourcing jobs overseas."

and get those people to spend their money at family owned mom and pop businesses...

Regulatory costs and restrictions make it harder and harder to start mom and pop businesses, and the government/big business complex (which fuels regulatory costs and restrictions) favors big business and adds to the already existing natural competitive advantage big volume stores have over small ones.

Eat and shop local, and to buy American.
These trade agreements like the TPP is nothing but a way for American companies to continue outsourcing jobs overseas and import cheaper crap.
Posted from my iPhone/Mobile device

Sounds as if you like the old notion of America described by de Tocqueville as a nation of shop keepers. Those were the days of a much freer laissez faire "free market" which rather conflicts with your desire to somehow control the market a la socialism.

Bam

http://youtu.be/bGv2SPB8pNU
Posted from my iPhone/Mobile device

and Bam Bam with Jesse (The Body) Ventura and Henry Rollins!

https://www.youtube.com/watch?v=AnxHXIjv9dk

with bernie introducing new legislation to end
the profit from prisons industry

we'll see how things go.... in congress

the failed on_going WAR on drugs is still a prohibition
style war... that will make all the candidates have to
reveal their positions now that a US GOVERNMENT site
has finally just admitted that cannabis cures cancer.