"trickledown" economics

You might remember the GOP expression of economic stupidity: “A rising tide lifts all boats.”

True … when the tide rises it lifts the boats … from the bottom.  NOT! from pouring water on the decks and into the holds.

Economically, the GOP takes money from the poorest – those who spend the money locally, rather than for trips to foreign nations and on expensive imported toys.  The GOP cuts social Security – so the majority of the nation has less to spend.

True, the majority is not (yet) on Social Security, but sufficient baby-boomers are.  If you shortchange them, their children divert money to compensate, and that takes even more out of the economy ... that $100 or $200 tossed to mom or dad can cause a major loss in consumerism.  Consider… that new TV is $1500, but mom needed $200 … so there’s $1300 available for the $1500 TV … and mom will need another $200 next month … because the GOP cut her Social Security to give a millionaire a tax break … and the millionaire used that break to create jobs – by outsourcing to a Third World Nation.

Tax the companies that product products sold here which are made elsewhere, and the manufacturers will bring the production facilities here  … increasing employment and taxes.

But no!  the GOP pours water (money) into the ships holds and then wonders why the waterlogged ships capsize.

As pointed out by the Huiffington Post [Evidence Is In -- Again -- GOP 'Trickledown' Economics a Failure Posted: 07/24/2013 10:24 am]: “Now the GOP is at it again -- threatening to throw America into default if the Democrats don't agree to inflict more economic pain on their fellow citizens with even more draconian cuts, when the debt ceiling must be increased again this fall.”

Adding: “The lesson is simple. The evidence is in. If you believe the Republican notion that economic growth happens from the top down, I have some great swampland to sell you.”

Fortunately, our is a society that promotes

THE MOST HARM TO THE MOST PEOPLE 

So look for a new economic collapse whenever the GOP either stops progress or again comes to power.  We are a nation devoted to the commission of suicide – we are the Western al-Qaeda Jihadist who, rather than to show wisdom, kills themselves and any innocents they can.  The GOP approach to "trickledown" economics is their form of suicide bomb.