Loading ...
Trickle-Down Economics At Work, Thanks To The Stimulus Package…
That’s right, folks — looks like those famous right-wing bloggers -slash- pundits who have been following the lead of Michelle Malkin in protesting the transfer of wealth to the wealthiest amongst us via her “Tea Party U.S.A.” protest to President Obama’s Bush’s TARP II BURP II stimulus package after losing faith in those trickle-down economics principles they formerly espoused now have every reason to relax and quit complaining.
My advice — they should jump off of their newly-acquired “Maybe Reaganomics doesn’t work after all???” bandwagon immediately, clap themselves on their collective “back” and cheer the fact they were right in the first place and have been naughty, naughty, little conservatives in the last few days.
Here’s the proof trickle-down economics does, INDEED, work after all:
Washington sends $1 food stamp checks to 250,000
The Associated PressOLYMPIA, Wash. The state of Washington sent out $1 checks to the 250,000 food stamp recipients in the state. …”
(Snip!)
“… the $1 check is a one-time move to leverage the federal money. …” — Seattle Post Intelligencer (AP)
There ‘ya go, my friendly right-wing soldiers in the Blogospheres — you were right all along. That is, until you went insane a few days ago and gave up the faith in your trickle-down Reaganomics principles.
***
“Trickle down” is a misnomer. The phrase was conjured up by people who were unable to understand the concept that President Reagan promoted. Supply Side economics was responsible for the longest period of peacetime prosperity in this nation’s history. Conservatives have not abandoned this principle.
Supply Side economics realizes the importance of healthy businesses in the functioning of the economy. This includes businesses of all sizes, from the Mom & Pop shops to the multinational conglomerates. Healthy businesses create jobs.
Obama and his clueless cronies are trying to break the backbone of businesses – both large and small – and replace them with government.
This is neither Trickle Up nor Trickle Down. It is socialism.
Trying to break the back of business? With this much top-level greed in (financial) American business, isn’t it more to the point that businesses have managed to just about break their own backs? All you people who think that free market this and free market that is the be-all, end-all of governance are ridiculous. A fine mix of socialism (education, health care), free market economics (capitalism) with government and private ownership wouldn’t hurt. Of course, maybe you’re not hurting now, so why would you think that there is anyone else in the world with a different (slightly to much more negative) situation?