[DaveO]

Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 12:52 pm  

World's 85 richest people have as much as poorest 3.5 billion Seems to me they are sat on enough wealth to solve the worlds Austerity problems and the fact the richest individuals and companies hide away an estimated $18.5 trillion in tax havens is proof to my mind they simply are not interested in any of this trickling anywhere. Certainly not down to the poor. Here in the UK we have a chancellor who says he will raise £12bn by targeting the benefits received by the UK's working poor while the elite sit on a pile of cash that does no one any good.

World's 85 richest people have as much as poorest 3.5 billion Seems to me they are sat on enough wealth to solve the worlds Austerity problems and the fact the richest individuals and companies hide away an estimated $18.5 trillion in tax havens is proof to my mind they simply are not interested in any of this trickling anywhere. Certainly not down to the poor. Here in the UK we have a chancellor who says he will raise £12bn by targeting the benefits received by the UK's working poor while the elite sit on a pile of cash that does no one any good.

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 1:42 pm  

As Caitlin Moran said on Twitter today - "And those 85 people are probably the ones you'd hand pick to run the world anyway".

**Heavy dose of sarcasm

[DaveO]

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 2:46 pm  

JerryChicken wrote:

As Caitlin Moran said on Twitter today - "And those 85 people are probably the ones you'd hand pick to run the world anyway".

**Heavy dose of sarcasm

I think she'd be mope aptly named Caitlin Moron.

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 2:51 pm  

DaveO wrote:

I think she'd be mope aptly named Caitlin Moron.

She's lucky, she gets to write sarcasm for a living.

I could do the job much better.

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 4:05 pm  

JerryChicken wrote:

She's lucky, she gets to write sarcasm for a living.

I could do the job much better.

Is that sarcastic, or not?

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 4:24 pm  

Richie wrote:

Is that sarcastic, or not?

Ah-ha, you'll never know, for my brand of sarcasm is subterfuge.

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 8:12 pm  

DaveO wrote: World's 85 richest people have as much as poorest 3.5 billion Seems to me they are sat on enough wealth to solve the worlds Austerity problems and the fact the richest individuals and companies hide away an estimated $18.5 trillion in tax havens is proof to my mind they simply are not interested in any of this trickling anywhere. Certainly not down to the poor. Here in the UK we have a chancellor who says he will raise £12bn by targeting the benefits received by the UK's working poor while the elite sit on a pile of cash that does no one any good. What is your base point to say that it isn't working? What are you comparing these figures to? I for one would not mind someone as clever as Bill Gates having a say in how the world was run.

DaveO wrote: World's 85 richest people have as much as poorest 3.5 billion Seems to me they are sat on enough wealth to solve the worlds Austerity problems and the fact the richest individuals and companies hide away an estimated $18.5 trillion in tax havens is proof to my mind they simply are not interested in any of this trickling anywhere. Certainly not down to the poor. Here in the UK we have a chancellor who says he will raise £12bn by targeting the benefits received by the UK's working poor while the elite sit on a pile of cash that does no one any good. What is your base point to say that it isn't working? What are you comparing these figures to? I for one would not mind someone as clever as Bill Gates having a say in how the world was run.

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 8:48 pm  

Sal Paradise wrote:

What is your base point to say that it isn't working? What are you comparing these figures to?

I for one would not mind someone as clever as Bill Gates having a say in how the world was run.

He didn't ask about that, though.

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 10:15 pm  

Mintball wrote:

He didn't ask about that, though.

The thread says "Proof" the trickle down effect is a myth - where is the proof?

Just because the rich are getting richer it doesn't mean the poor are getting poorer?

It just means the rich are getting richer quicker than the poor are getting less poor - if that is not too much of tongue twister

Re: Proof the "Trickle Down" effect is a myth? : Mon Jan 20, 2014 11:43 pm  

Sal Paradise wrote: The thread says "Proof" the trickle down effect is a myth - where is the proof? Just because the rich are getting richer it doesn't mean the poor are getting poorer? It just means the rich are getting richer quicker than the poor are getting less poor - if that is not too much of tongue twister How about this example from the US?

Sal Paradise wrote: The thread says "Proof" the trickle down effect is a myth - where is the proof? Just because the rich are getting richer it doesn't mean the poor are getting poorer? It just means the rich are getting richer quicker than the poor are getting less poor - if that is not too much of tongue twister How about this example from the US?