Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: GOP Senator Implies Those Who Aren't Millionaires Waste Money On Booze, Women [View all]Bernardo de La Paz
(49,001 posts)7. That's what RAISES THE ECONOMY! NOT jacking up real estate & art prices!
When the 1% get tax cuts they don't create new companies. They already have money working on all the opportunities they can find. They can't find any more opportunities.
But the little people start lots of small companies and that's where you find the innovation. Not from the safe money.
The 1% spend tax cuts on real estate and art investments, which is (pardon the expression) a circle jerk raising prices for those kind of items without increasing any productivity!
When people buy more booze, there have to be more trucks and truck drivers to move that. More farmers to grow hops and malt. More baristas to serve it. All that creates jobs and puts money in motion.
Edit history
Please sign in to view edit histories.
47 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
GOP Senator Implies Those Who Aren't Millionaires Waste Money On Booze, Women [View all]
Norbert
Dec 2017
OP
Notice the SEXISM in his statement. People equals men. As if women don't earn & spend on men.
Bernardo de La Paz
Dec 2017
#6
That's what RAISES THE ECONOMY! NOT jacking up real estate & art prices!
Bernardo de La Paz
Dec 2017
#7
What a despicable hypothesis. This guy is out of touch with a lot of American like me. We are
iluvtennis
Dec 2017
#19
An excellent example of why the US congress is so F'ed up and out of touch!!!!!!! n/t
RKP5637
Dec 2017
#26
Well, a decent number of his colleagues in Washington wouldn't be affected by the "death tax",
hughee99
Dec 2017
#43