02-20-2022, 10:03 AM
(02-19-2022, 11:11 PM)beechnut79 Wrote: I'm glad we saw more closely together on most of your reply to me. However, of course trickle down economics is not a caricature of right wing economics, but exactly what it is. Although you really have to understand both the 1978 tax revolt and neoliberalism applied in the USA as Reaganomics to understand that right wing "free-market" economics has crippled us and stymied any progress in dealing with our needs for 40 years and counting.
Most people will always be dependent on employment. I am glad there are small businesses, and entreprenuers, and we need them, subject to regulation so they don't become oligarchs, which we have allowed a few of them to be-- to our general detriment. But most people don't have the temperament to be entreprenuers, and we shouldn't require that of people. Most will still depend on the businesses that entreprenuers or the government creates for their jobs. And that's OK, we need all of it. As long as we don't worship the wealthy CEOs and corporate owners as "job creaters," which they on balance are not, and that wealth does not "trickle down" from them if we give them tax breaks and deregulation and other subsidies. Inequality and increasing poverty and vanishing opportunity for young people is the direct result of our trickle-down economics regime these last 40-plus years
Don't get me wrong, I'm not one of these militantly anti-tax libertarians, but is the problem that corporations and rich people aren't paying enough taxes, or that they were able to subvert the system by paying off lobbyists to rig the game? Personally, I think it's the latter. Someone else simply having more money doesn't affect you that much. Someone changing the rules you have to play by to keep you from entering? That changes a lot.
I kind of want to refer to myself as a "checks and balances-ist", because in my mind, that's the primary role government serves. Unfortunately, while we have a decent start when it comes to checks and balances between government organizations and checks and balances from government to citizens, we don't have nearly as many on big business and lobbyists (frankly, I think the latter should be straight up illegal to begin with).
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reluctant millennial
reluctant millennial