Wealth doesn't "trickle down" from the rich to the poor

Much of the rich give it back once their security is established. -Lewis Field, home of the Oklahoma State football team, was officially renamed Boone Pickens Stadium. Why? Its name was changed to honor OSU alumnus T. Boone Pickens, a Texas oilman and who founded the Mesa Petroleum Company. Pickens donated $165 million overall to OSU. * -The Bill & Melinda Gates Foundation is the largest private foundation on planet Earth. The primary aims of the foundation are, "globally, to enhance healthcare and reduce extreme poverty, and in America, to expand educational opportunities and access to information technology." The foundation had an endowment of $44.3 billion in 2014. The foundation and the way it applies to giving makes it one of the strongest philanthropist organizations on Earth. * -The exact amount of money Joe Paterno, Penn State Football Coach, donated and raised is not precisely known. According to sources, some at the university say it's well above $1 billion. * Warren Edward Buffett is an American business man, investor and philanthropist. He is known as one of the most successful investors in the world. Buffett is ranked among the wealthiest people on planet Earth. He was ranked as the world's wealthiest person in 2008. Buffett is known for his sticking to value investing and for his personal philanthropy despite his immense wealth. Buffett made a pledge to give away 99 percent of his fortune to philanthropic causes. https://en.m.wikipedia.org... https://en.m.wikipedia.org... www.pennlive.com/specialprojects/index.ssf/2012/01/joe_paterno_a_life_-_a_fundrai.html https://en.m.wikipedia.org... * "Trickle down” is a slanderous term invented by Liberal politics to block Conservative economic policies. It uses ommission of neccessary conceptd to imply the idea of "favoring the rich". It uses the terminology that doing so will “trickle down” to everyone else in an attempt to attach a false dichotomy by ommission of information and attach a dark connotation of words to Supply Side Economics. It's the creation of a strawman. EXAMPLE: "Well, this is 'trickle down' economics. Maybe a little will spill over to the poor. Maybe it won't. This is the rich hoarding all of the wealth at the top. It's obviously not fair. What, they're going to 'trickle down' some bread crumbs to us?" Aaaah...rally the economic bottom against the top. But why? It's a powerful weapon. What does it use? Envy: -A feeling of discontented or resentful longing aroused by someone else's possessions, qualities, or luck. Nevermind that many wealthy and successful people start with little or nothing and fight their way by hard work. Simply focus on them having more. Nevermind that many are poor by choice. Take from the worker. Give to the nonworker. Slavery? * Reality 101- Conservatives don’t care any differently for the rich than Liberals do. The point for Conservatives is not to "help the rich", but to minimize the harm done to incentives by tax policy so individuals have more opportunities to become better off. If we tax the "rich" to death we cause? Insecurity for employers, which actually does "trickle down" with job cuts and lack of hiring. * Who opposes Supply Side Economics? Barrack Obama does, and it has worked beautifully to the tune of a national debt that surpasses $19,000,000,000,000. http://www.usdebtclock.org... Trickle down economics,“doesn’t work,” Obama says. “It has never worked,” Obama adds. What the President, who is anti "Trickle Down Economics" has achieved is a very unimpressive accomplishment. One of the largest expansions of the federal government in U.S. history, accumulation of a mindlessly created and unsustainable federal debt, goliath tax increases and the bizzare intrusion of federal regulations in nearly all parts of the U.S. economy. (And all with minimal military personel and being a non-wartime President). Liberal "Obamanomics" may completely collapse the entire infrastructure of the American economy. It sounded nice, but does it work? For a minute it does. But after that minute is up? * Supply side economics A supporter of Supply Side Economics buys into the idea that manufacturers/producers and their desire to create goods and services sets the pace for economic growth. Supply Side Creates Its Own Demand- In economics we look at the supply vs. the demand. Demand and supply intersect somewhere to determine overall output and price levels. The real idea: an increase in supply will increase output and lower prices. Supply side takes it further and says that demand is irrelevant, within reason. It says that over production and under production are not actually sustainable. Supply side supporters argue that when manufacturers temporarily over produce, too much inventory will be created, prices will then fall and consumers will increase their purchases. This will offset the excess of the supply. I was not born in America, so I view this from a different perspective. If you recieve welfare or better, you are already rich. Free food guaranteed each month with a magic card? You have an air conditioner, a heater, a refrigerator, a microwave, a stove, a tv, a video game system, a car, a check each month, and clean running water that comes right to your house? Wow! Water! You're rich. I've seen poor people. They don't look like that...*Reality 101 Part 2 If the anti "trickle down" economics supporters get their way, why should anyone try? Why go to medical school, law school, or try to push a business to a higher level? Why try to reach the next tax bracket? They'll just take it from you and give it to someone who has all of their basic needs taken care of for free already. This is why "asylum seekers" are flooding to Europe. They want that welfare money. They want the "rich" Europeans to take care of them. Do they speak the language? No. Can they get a job? No. So what happens? Reverse slavery. Now they are the plantation owner in position, and the working class are the slaves. Aaaah...turn the working class into the slaves. There always have to be slaves.The Liberal, anti "trickle down" economics people are blind to the madness. They keep pushing for more and more immigrants to come in with no idea what to do with them. They disconnect from its results. Give them welfare. Tax the wealthy even more! Is it the fault of the wealthy that more and more people are being pushed on them from out of nowhere? *The "trickle down" fallacy-Most people on planet Earth see those on the U.S. welfare system or better as "rich". Will that free welfare "trickle down" to the real poor like the Ethiopians? No. Give even more to those on welfare? So occasional trips to Taco Bell, McDonalds, and KFC, added to free food with free stocked shelves is not enough? What? The Mexicans eat beans and rice all the time. Why? That's all they have. It's all they can afford. They learned to live with it. So the welfare or better folks need just a little bit more? For what? To buy a couple more Wii games? To go to Red Lobster once in a while? Is this bs or neccessity? It's not neccessity. It's a fairytale, and not a good one. It's a fairytale that says take from the working class and give to the nonworking class. We don't know how all of these people came to their wealth. We don't know what they do with it. We are guessing. I heard Obama say,"You didn't get it on your own!" Who cares? And how does HE know? Based on what? What if they did? Who is he talking to, all of them? No one on Earth deserves to be wealthy? Well, that kills the dream...But not for them. Why? It's all politics. The Democratic Party is notorious for pushing slavery. Why? It humors the masses on the left. Pander to them and keep power.