Originally Posted by preludespeeder
Sorry I have to disagree with this trickle down theory that has not worked yet for 25 years. First look at the history lately and tell me were it is working. If businesses used the money like they should instead of lining the share holders pockets, aka the CEO and the board of directors, then maybe trickle down would work. Well some might wonder then what rich people are doing with all this money, I think they are spending it on **** that does not matter, like 350,000 dollar cars made in Europe and on houses that were built years ago. If you think trickle down economics work then you pobably think the rich are taxed to much.
I'm with you prelude. All one has to do is look at the America of today versus the America of the 60s and 70s. I grew up in an America full of middle class suburbs and proud workers who generally had security and a good life. They weren't going to get rich, but who really cared as long as you enjoyed your life. Then CEOs only made 4 times the average employee's wages.
Fast forward to today and CEOs are making hundreds of times the average workers wages and no middle class worker, and especially no tradesman has much security working for a corporation. It's sad to see how greed and avarice have destroyed the American dream. Pilots, mechanics, flight attendants, gate agents ,etc are paying the price for this and have suffered a steadily declining lifestyle where they work harder and harder for less and less.
I far prefer Norman Rockwell's America to that of Carl Icahn, Frank Lorenzo, Stephen Wolf, etc.
Typhoonpilot