Trickle-Up Economics (Obamanomics)
Government takes money from intelligent, entrepreneurial, innovative, and hardworking people and gives it to the uneducated and lazy with the hope that the poor will invest the money in educating themselves and becoming motivated.
Result: Very few poor people actually invest the money into improving their socio-economic status, but rather go out and purchase “stuff”. The money initially benefits the retailer who sold the product, but the money almost goes directly to the Chinese who made the products. Thus substantially ends the benefit of the money in the USA. Tax revenues go down as the money doesn’t stay to move around in the U.S. system. The country slips into socialism and general poverty.
Trickle-Down Economics (Reaganomics)
The Government cuts taxes on corporations and the wealthy.
Result: Those intelligent, entrepreneurial, innovative, and hardworking people invest the money into the research and development of new products and services. This investment turns into the creation of new businesses and thousands of jobs for people of all economic levels. Tax revenues actually go up. The country prospers and even the poorest among us are rich in comparison with the rest of the world.
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