Except when “we” preach it:
It’s better for the economy. When you buy local, a large percentage of the money stays in your community. The farmer can afford to have the local mechanic fix his truck, the mechanic can afford to hire a local accountant to do his taxes, and the accountant can afford dinner out at a local restaurant. The wait staff makes decent tips, and the restaurant can afford to buy more fresh, local food to serve. Money also trickles into the local infrastructure – improvements to the public park, funding for academic enrichment, and so on. Everyone wins.
By the way, I would really appreciate it if you could find me a good economics textbook or popular treatment (such as this or this) that actually uses the term “trickle down economics” in any way other than describing the term as it is used popularly. In other words, I attended 9 years of college and graduate school, and have taught for nearly a decade, and in all of that time I have never once encountered the term “trickle down economics” in any reading or at any seminar I have attended.
UPDATE: this just hit my inbox
OK, back to more important things…
Marcy from Skylight
I think “trickle down” goes back to the New Deal and FDR; I can picture him saying it, maybe in a documentary clip. It has been used to mischaracterize supply-side economics by liberals. George H. W. Bush called it Voodoo Economics, the Skull and Bones phrase for Trickle Down, which is the Princeton phrase of choice. The idea is to send tax money to crony plutocrats to stop buying French wine and to buy locally from serfs who toil happily. It is a win-win situation, since everybody has a healthy organic diet and makes a smaller carbon footprint.
Happy Independence Day!
This whole canard of “buying local” ignores the potential benefits of trade. Why produce something locally that can be purchased elsewhere for half the price?
[…] Agreed, I’ve never heard anyone promote this so-called plan: Trickle Down Economics is Silly […]
WC, the progressives are not talking about paying women the same as men for a similar job. (No two jobs are ever the same exactly.) That kind of employment discrimination, along with discriminating with promotion is illegal.
What the progressives want is a government-run system to price pay. They already do this for medicine with an intricate system that codes everything that happens when something is done by doctors and nurses under Medicare and Medicaid, and their dream is to unify everything with a single payer system. The goal is to be fairer, especially when it comes to overpaying MD’s and underpaying the staff who process the bills to send the bureaucracy. Since the rest of the developed world has socialized medicine, there will be nowhere for doctors to flee, and finally we will have control over their billing practices, which are by Marxist definition exploitative.
Having taken care of medicine, it is time to socialize the rest of the exploitative capitalists by coding everything else. This completes the “From each according to their abilities” part, and deciding the price of each coded task takes care of the “To each according to his needs” part. The sex discrimination part is solved with a universal PC speech code, e.g. — “flight attendant” for “stewardess” and “sex worker” for “ho”.
In this way, underpaid harpists get paid at 66% of what a Madison Avenue advertising sales executive, since they fall into the hard-working artist category. When playing or advertising on a federal highway, both get Davis-Bacon prevailing wage.
Whether this system ever makes anybody rich (defined as a married couple filing jointly making over $250,000 per year, or what two tenured Chicago middle school teachers get, whichever is greater) is left unclear. BUT, the top guy, the commissar, gets no more than 250 percent of what the median employee gets, even if he is a GS-15.
Hey, this works! It has worked before, dude!
693184 893670There is noticeably a bundle to realize about this. I assume you created various nice points in features also. 443605
76291 733703Greetings! Quick question thats completely off topic. Do you know how to make your website mobile friendly? My weblog looks weird when viewing from my iphone. Im trying to locate a template or plugin that might be able to fix this problem. Should you have any recommendations, please share. Appreciate it! 36051
173952 952373You wouldnt feel it but Ive wasted all day digging for some articles about this. You may be a lifesaver, it was an outstanding read and has helped me out to no end. Cheers! 569768
812555 783973Yeah bookmaking this wasnt a bad conclusion wonderful post! . 664934
Uwielbiając informacje na tej stronie, wykonałeś świetną robotę przy artykułach.
Very informative article post.Thanks Again. Keep writing.
I will immediately grasp your rss feed as I can not in finding your e-mail subscription link or newsletter service. Do you’ve any? Kindly allow me realize so that I may subscribe. Thanks.
Great, thanks for sharing this blog. Awesome.
784622 71353Youre so cool! I dont suppose Ive learn anything like this before. So nice to locate any person with some authentic thoughts on this topic. realy thank you for starting this up. this website is something that is wanted on the internet, someone with slightly bit originality. beneficial job for bringing something new to the web! 856278
756283 563415Flexibility indicates your space ought to get incremented with the improve in number of weblog users. 48772
569154 376241The the next occasion Someone said a weblog, Hopefully so it doesnt disappoint me approximately this. What im saying is, I know it was my choice to read, but I truly thought youd have something interesting to express. All I hear is often a number of whining about something that you could fix in case you werent too busy looking for attention. 431888
142164 427457We stumbled over here coming from a different internet page and thought I might check things out. I like what I see so now im following you. Appear forward to exploring your web page yet once again. 22979
886589 685350Some actually nice stuff on this web website , I like it. 503749
339017 703477As I internet website possessor I believe the content material matter here is rattling magnificent , appreciate it for your hard function. You ought to keep it up forever! Very best of luck. 284524
alo789 dang nh?p: alo789 chinh th?c – alo789in
I cannot thank you enough for the blog article.Thanks Again. Really Great.
There is evidently a lot how to improve love making know about this.I suppose you made certain nice points in features also.
128730 813113I recognize there exists a fantastic deal of spam on this weblog web site. Do you need assist cleaning them up? I can help among courses! 31964
I really liked your article post.Thanks Again. Cool.
Very neat article post. Want more.
I appreciate you sharing this blog.Really looking forward to read more. Really Great.
This is one awesome blog post.Really looking forward to read more. Fantastic.
A round of applause for your article post. Will read on…
Thank you ever so for you post.Much thanks again. Really Cool.
Thank you for your blog.Really looking forward to read more. Awesome.
Major thankies for the article post.
I truly appreciate this post. Awesome.
Im grateful for the article post.Really thank you! Much obliged.
Im grateful for the article.Thanks Again. Fantastic.
Really enjoyed this blog post. Keep writing.
Muchos Gracias for your blog article.Really looking forward to read more. Really Great.
Great blog article.Really looking forward to read more. Cool.
I truly appreciate this blog post. Keep writing.
I think this is a real great blog article. Awesome.
Great, thanks for sharing this blog post.Really thank you! Cool.
Im thankful for the article post.Really thank you! Keep writing.
394994 612729I dont normally take a look at these types of websites (Im a pretty modest person) – but even though I was a bit shocked as I was reading, I was surely a bit excited as properly. Thanks for creating my day 618148
184605 375796Thanks for taking the time to discuss this subject. I actually appreciate it. Ill stick a link of this entry in my weblog. 297481
Im obliged for the blog post.Much thanks again. Want more.