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Hillary Clinton: 'Trickle-Down Economics Has Failed'

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posted on Oct, 28 2014 @ 01:18 PM
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So now even professional corporate politicians are using the failure of "trickle down economics" to muster votes.


And, they say, it's a message Clinton can use against Republicans because many in the GOP have turned wary of Wall Street and big corporations since the 2008 financial crash. "Warren's economic populist agenda offers a pathway to success for Democrats in 2014 and 2016 –if they choose to take it," said Adam Green, co-founder of the Progressive Change Campaign Committee. "Hillary Clinton may be realizing that Elizabeth Warren's economic populist positions are the path to electoral success in 2016–both in the primary and general election."

In the 2008 campaign, Clinton rolled out a $7 billion plan to create incentives, including tax breaks for corporations, to create jobs in the U.S. As a senator from New York, she supported targeted tax cuts or credits for a variety of industries and businesses.

Bold was mine for emphasis.

source

D's and R's = corporate politics!
edit on 28-10-2014 by AlaskanDad because: typo




posted on Oct, 28 2014 @ 01:22 PM
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a reply to: AlaskanDad

This has been posted...

However, she is certainly no Slick Willie.

This will be a huge campaign issue.



posted on Oct, 28 2014 @ 01:27 PM
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a reply to: AlaskanDad

Reagan gave shelter to big business, too. They said it would stimulate big business to help the little guy more. The only thing big business thinks about is big business.

Remember that as they try to dive under the corporate covers.

Hillary is really saying if you guys elect me I'll do more of the same.



posted on Oct, 28 2014 @ 01:31 PM
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Looks like the whole Democrat platform is "Trickling-Down" the drain.

Lots of diversions and tangents to make voters confused.




posted on Oct, 28 2014 @ 01:35 PM
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Heres the deal:

if you want to create and economic system, you have to make sure that all elements of that system are firing. They do this by controlling taxes to encourage spending.

At the same time, folks still sit on large cache's of value. It isn't trickling. Its sitting around and stagnating.

The #1 argument against a Consumption Tax is that it would stifle spending. Maybe. Since our system is set up on a "trickle down" theory, then that obviously is bad. But could you still not have intermittent (or maybe even permanent) provisions that allow for % in tax credit based on numbers of dollars spent on that transaction? So when you end up with a $100k check to an elevator company for a new set of elevators in your building, you get a discount on your Consumption Tax of 10% of whatever the tax burden would be. Just shooting from the hip here on an OT aside.

I agree: the current economic situation is unworkable. Too much is being combined into to few hands. Some of this could be cured with better antitrust oversight. But most of it is policy related.

Hell has now frozen over: i just agreed with Hillary (at least, on the surface)



posted on Oct, 28 2014 @ 01:55 PM
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originally posted by: intrptr
a reply to: AlaskanDad

Hillary is really saying if you guys elect me I'll do more of the same.


Now thats something you can bank on!



posted on Oct, 28 2014 @ 01:57 PM
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a reply to: AlaskanDad

They are going all the way back to Reagan now for someone to blame?

Guess what, Hillary? Socialism didn't work, either.



posted on Oct, 28 2014 @ 02:08 PM
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So we've had two terms of Obamanomics, and that didn't work. The stimulus did jack except line the bank accounts of political bundlers in big government positions proving that government is inept to do what they claim the private sector can't/won't do.

So, how do you get jobs? Because the way I see it, either they both failed -or- one side is lying -or- there is a problem in the system (NOT congressional gridlock or obstructionism) that prevents it from going forward.

Personally, I think we need a reset to the tax system. We either need a flat consumption tax rate for all -or- a flat income tax rate for all. We do NOT need both.



posted on Oct, 28 2014 @ 02:09 PM
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originally posted by: ScientiaFortisDefendit
a reply to: AlaskanDad

They are going all the way back to Reagan now for someone to blame?

Guess what, Hillary? Socialism didn't work, either.


Yet both major political parties are in favor of corporate socialisms, why is that?



posted on Oct, 28 2014 @ 02:11 PM
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She's obviously getting started campaigning. Why did she reach back so far and bring that up? Obama's economics are also not doing so well but no mention of that. Instead of being critical of republicans from a long while back, couldn't she come up with something new that actually works?



posted on Oct, 28 2014 @ 02:29 PM
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Since 'tax breaks don't work' then everyone should give them up.

The evil rich get them.

The middle class gets them.

The poor gets them.

Business gets them.

Hell there isn't anything in this country that does not get tax breaks.

And for the record trickle down is working just fine, and dandy just ask China.

Where billions of dollars are currently being invested.

Biggest reason why that is ?

Is because it is too expensive to do business in this country anymore.

Which is why it is cheaper to buy 'made in China' products made 10,000 miles away, and shipped here than the same things being made 1 mile from where a person lives.

But Clintons comments are especially 'rich' FTW since she is an evil 1% worth over 100 million dollars between her and her 'husband'.

And we all know since the war on poverty began trickle up economics isn't working.

Think about this when people bring up the economy.

When people are spending more money buy corporate products corporations make MORE money.

The CLintons sure do have a hipper rap than the evil right.

But it is just as FASCIST.



posted on Oct, 28 2014 @ 02:34 PM
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a reply to: ketsuko




Personally, I think we need a reset to the tax system


Oh yeah we do.

With the abolition of the income tax.

As it sales tax to every other tax doesn't generate enough of our money for those shills on capitol hill to blow studying cow farts, and shrimps on treadmills ETC.

The ONLY reason the income tax was created was to pay down debt, and to generate cash so the government can function.

But it has been bastardized in to the 'mob' wanting the government to pay their bills.

That its basically corporate fascism.

People need to realize our government was not created to feed us,cloth us, 'educate' us, and give us 'free' homes, and 'free' healthcare.

Basically the Clintons 'entire 'argument' is bull snip.



posted on Oct, 28 2014 @ 02:36 PM
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posted on Oct, 28 2014 @ 02:36 PM
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a reply to: AlaskanDad

Did I misunderstand, or are you under the impression that "trickle down economics" works?



posted on Oct, 28 2014 @ 02:37 PM
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a reply to: neo96

China, so you are going back to Nixon?

I would add there have been many Demo-corps politicians that never did a thing to stop the influx of chinese goods, nor did they stop the outsourcing of jobs from the US of A.



D's and R's = corporate politics!



posted on Oct, 28 2014 @ 02:41 PM
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a reply to: ladyinwaiting

No I do not think trickle down economics works for the majority, and I think Hillary Clinton would continue the system that is working for the 1%.



posted on Oct, 28 2014 @ 02:49 PM
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It worked fine for her; she got 'trickled down on' a lot by corporate donors and fawning sycophants (psychopants?) The rest of us just got pissed on.

I'm SO sick of this disgusting woman and her power hungry drive to get back into the White House; too bad ol' sex addict predator Billy-Boy sabotaged her by chasing around after Monica. Remind me again why he's not in jail for rape, considering all the times he's been alleged to have forced himself on people? She was SO sure she was going to be elected in a landslide to the White House after Beloved Billy did his eight years.




posted on Oct, 28 2014 @ 02:54 PM
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originally posted by: AlaskanDad
So now even professional corporate politicians are using the failure of "trickle down economics" to muster votes.



no not "even now"

Ross Perot called it voodoo economics in 1992, that same year R Senator Hank Brown said in the house that Reagan had never supported it (see - R's were confused even then!)

outside the US "trickle down" has been described as "the rich pissing on the poor"



posted on Oct, 28 2014 @ 03:14 PM
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a reply to: AlaskanDad

No I was referring to the entire Democratic/Clintons' platform.

Every single thing they support, and stand for puts people out of work, and makes things more expensive.

From taxation to regulation to unions to that 'living wage' crap.

Their idea of a free market is they think they are 'free' to make other people pay for their existence in this life.
edit on 28-10-2014 by neo96 because: (no reason given)



posted on Oct, 28 2014 @ 03:15 PM
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She's deflecting.
The last 7 years have been a Keynesian experiment on a level never before seen in history.

She is trying to blame the economy on trickle down while trickle down was actually predicated on an economy that had jobs and consumption within the country.
Produce and consume, it's a cycle.
Government has run most of the jobs out of the country. Those jobs produce products that are then re-imported to the US where they are offered to the same jobless people who should have made them in the first place.
Trickle down was short circuited by politicians and bankers many years ago.

Her own party has spent, borrowed and printed twice as much money as every administration before it combined and poured that money into banks and failed businesses.
It's been a Keynesian wet dream and has been an abysmal failure.

Clinton doesn't want the failed policies of the last 6 years to be the subject of conversation so she blames an idea that was subverted decades ago.



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