Ted Rall for November 03, 2008
Transcript:
How trickledown economics work. Take a worker who earns $10 an hour. Cut her pay in half. Now she earns $5 an hour. (Woman: Hey!) (Man: I'm doing this for you!) The worker's boss invests the $5 he saved. The economy grows. Soon he's doing so well that he can pay his worker $12 an hour. Now the worker earns $12 an hour. Cut her pay in half. Now she earns $6 an hour. (Woman: But-) Again, the boss invests the other $6. The economy grows even faster; the worker earns even more. Now the worker earns $14 an hour- more than she did before.
dhleaky over 15 years ago
TRICKLE DOWN still smells like what it is, pee.
Alexus_The_Great over 15 years ago
…world economy according to Greenspan and HLM…
HUMPHRIES over 15 years ago
DHLEAKY, WHAT! Would you dare disagree with The Late Great Ronald Regean!! (Sniker,giggle-giggle, sorry just can’t keep a straight face).
ObamaIsDaMan over 15 years ago
Obamas plan to make the rich finally do their share and begin a socialist economic model for america will replace the failed tricked down economy of the repigs and usher in an era of prosperity never before seen in human hisotry,!
CorosiveFrog Premium Member over 15 years ago
I think it’s Schulz that said it’s already tomorrow in Australia so don’t bother about yesterday.
Eh! It’s already Nov.4 in Australia, so don’t bother about 30 years ago.
Stuff change, people!
If I followed the Reagan-worshipers’s line of thought, I should keep to queen Victoria Disraeli and Gladstone’s (her prime ministers, in the 1860’s) just because it was a golden age for the british empire (Canada was part of theempire back then)
HUMPHRIES over 15 years ago
StewieZ, see if you can get a two for the price of one offer.
turdraker over 15 years ago
Well, how’d you like THAT election?!
Herbabee over 15 years ago
Whew, and Bush thought he was cock-of-the-walk with a mandate after the squeaker of ‘04?
HUMPHRIES over 15 years ago
HERBABEE … come on now! W think, he only believes what uncle Dick tells him.
Herbabee over 15 years ago
Okay okay, Humph - he ACTED like he was cock-of-the-walk.
ObamaIsDaMan over 15 years ago
YAY PRESIDENT OBAMA! YOU ARE TH EMAN!
HAPPY DAYS ARE HERE AGAIN! WE HAVE DEFEATED BUSH! WE HAVE ENDED RACISM! WE WILL END ILLEGAL WAR IN IRAQ! ALREADY THE WORLD LOVE US AGAIN! UNIVERSAL HEALTHCARE HEERTW WE COME! KISS GLOBAL WARMING GOODBYE!
I AM SO HAPPY THAT WE DEFEATED BUSH AND THE REPIGHS! AMERICA IS OURS NOW!
MCSAME AND BUSH AND THOSE OF YOU WHO VOTED AGAINST US ALL CAN SUK ON IT! RREMEMBER THAT I AM LAUGHING AT ALL OF YOU CRYING IN YOUR BEER TODAY AND WILL ALUGH AT YOU EVEN MORE ON TAX DAY!!
OBAMA! YES WE DID!
David Riedel Premium Member over 15 years ago
O.K.,O.K.
wiserd over 15 years ago
Everyone tries to argue that WWII “pulled America out of the depression.” Does that make the slightest bit of sense? With two wars, then, our economy should be going gangbusters. It’s investment, though, not spending which causes the economy to grow and overall wealth to increase sustainably. Granted, this also increases inequality, but for most purposes I don’t mind if my neighibor gets an extra 10,000 in real wages if I have an extra 1,000.
Of course, the whole cartoon is based on a lie. The upper 50% pay something like 90% of all taxes. And these bailout packages (in addition to the CRA which helped this whole mess get as bad as it did) have been supported disproportionately by Democrats rather than Republicans. Noone is ‘taking money from workers.’ Quite the opposite.
Half of government is just selling people’s money to special interests. High taxes hurt the honest disproportionately. The liars and cheats can just find tax dodges.