tag:blogger.com,1999:blog-24244078.post265229142413193018..comments2009-06-04T08:16:17.642+01:00Comments on Bits or pieces?: A nice little earner ...swardleyhttp://www.blogger.com/profile/04702421918430488600noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-24244078.post-29226707213790579202009-06-04T08:16:17.642+01:002009-06-04T08:16:17.642+01:00" Since when has someone on the bottom of the econ...<i>" Since when has someone on the bottom of the economic scale provided anything for those above?</i>" - hmmm, the majority of our modern economic system and the concept of industrial production depends upon the labour of those at the bottom of the economic scale.<br /><br /><i>"If I give a break to the big guy then he can reinvest in the business "</i> - ah, the old tired monetarist argument of the <i>"trickle down effect"</i> which conveniently ignores both the evidence and the issue that money gravitates towards money. In short, the more you have the higher the return.<br /><br /><i>"that is always a problem to you liberals."</i> - I'm delighted that you would say I have the same political tendencies as Keynes, Smith and the other great economists, all of whom believed the market was a system to be managed rather the solution to everything.<br /><br /><i>"When I give a break to the little guy, he goes out and buys cigarettes and beer. . That really stimulates the economy!!!"</i> - actually that's exactly what is does. It has a far greater effect that quantitative easing or the excessive generous bail-outs of the banking community which has on the whole been used to shore up balance sheets rather than stimulate anything.swardleyhttp://www.blogger.com/profile/04702421918430488600noreply@blogger.comtag:blogger.com,1999:blog-24244078.post-84875429963593186462009-05-20T22:42:49.338+01:002009-05-20T22:42:49.338+01:00"It's worth remembering that money trickles up and..."It's worth remembering that money trickles up and not down, so if you want to get things going then start with those at the bottom of the social scale."<br /><br />WHAT? You have got to be kidding me. Since when has someone on the bottom of the economic scale provided anything for those above? It just isn't possible. If I give a break to the big guy then he can reinvest in the business that is making him money. What happens then? He has to hire others to help advance his business. So he is getting richer...that is always a problem to you liberals. But, the reality is, he is bringing many others along for the ride.<br />When I give a break to the little guy, he goes out and buys cigarettes and beer. Thaqt really stimulates the economy!!!<br />Get real.pennsylvaniarepublicanhttp://pennsylvaniarepublican.blogspot.com/noreply@blogger.com