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starroute

(12,977 posts)
10. Not Freudian at all - it's a meme, courtesy of Jim Hightower
Thu Apr 5, 2012, 05:12 PM
Apr 2012
http://www.thenation.com/blog/159999/end-tinkle-down-economics

End 'Tinkle Down' Economics
Katrina vanden Heuvel on April 18, 2011

For thirty years, we've been treated to the big whopper that cutting taxes on the rich creates jobs. Let's get real. Trickle-down—or, as my good friend Jim Hightower likes to call it, tinkle-down economics—hasn't worked. Case closed. After George W. cut taxes for his rich pals, far fewer jobs were created than after President Bill Clinton raised them in the 1990s.


http://www.csindy.com/colorado/tinkle-down-economics-and-jobs-act/Content?oid=2450191

Tinkle-down economics and JOBS Act
Lowdown
by Jim Hightower

Hallelujah, Washington has finally heard the people's cries for jobs! In an urgent bipartisan push, Democrats and Republicans have passed the JOBS Act.

At last, jobs for all, right? Well — not right away. Certainly not for all. Maybe none.

You see, the new law itself doesn't create a single job for the tens of millions of unemployed and underemployed workers in our land of the rich. . . .

It's just another "tinkle-down" economic scam written by and for Wall Street fraudsters. The law makes it easier for them to raise cash for their new business schemes by deceiving investors about the risk of losses, the true financial condition of the enterprise, and the amount of capital being raked off by executives.

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"Food Stamp" Jobs Just Like I Thought [View all] TheMastersNemesis Apr 2012 OP
A 35 year old guy I know just recently got a job SoCalDem Apr 2012 #1
Yeah. progressoid Apr 2012 #2
"customer service" at a bowling alley these days is SoCalDem Apr 2012 #5
A contractor once told me: Turbineguy Apr 2012 #12
Freudian Post O' The Decade!!! KamaAina Apr 2012 #3
Like the Judge Judy book title, 'Don't Pee on My Leg and Tell Me It's Raining' freshwest Apr 2012 #4
Not Freudian at all - it's a meme, courtesy of Jim Hightower starroute Apr 2012 #10
those trumpeting the 'recovery' aren't the ones taking the crappy paying jobs. KG Apr 2012 #6
Hmmmmm.. girl gone mad Apr 2012 #14
Thats really effing sad. Iliyah Apr 2012 #7
My grandson is married with three children, manages a liquor store, gets food stamps, medical jwirr Apr 2012 #8
With that, I'll have a drink! Fuddnik Apr 2012 #9
Big Business doesn't have to pay a fair wage knowing that the taxpayers WCGreen Apr 2012 #11
That has always been true - as a mother on AFDC I could take lower wages in the 60s because I jwirr Apr 2012 #13
That's a key point that a lot of people miss & that the media or politicians never touch on. CrispyQ Apr 2012 #17
Is the argument, then, that the absence of these programs would result in higher wages? LiberalAndProud Apr 2012 #16
You could look at it that way... WCGreen Apr 2012 #19
I think of under-employment every time I see the unemployment numbers phantom power Apr 2012 #15
And that is the whole problem with work in the modern world. jwirr Apr 2012 #18
There was not a thing that I could have done except watch it happen ... NNN0LHI Apr 2012 #20
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