View Full Version : Trickle down economics?
Bylimet Spiritwalker
02-08-2009, 09:53 PM
http://www.twincities.com/business/ci_11651757?nclick_check=1
As this article regarding Circuit City's bankruptcy points out, the effects are much more far reaching than most consider. When Circuit City closes it's doors, it's suppliers have lost a customer that will be hard to replace, the landlords are losing tenants of large spaces during a time when finding tenants is difficult, advertisers are losing a large dollar figure account as well as local papers losing ad revenue, Verizon and Comcast are now needing to find a new source to set up their kiosks or mini-stores, and the local businesses that relied on the dollars of those employed by Circuit City are all losers.
And, let's not forget the impact on local tax collections.
Best Buy is also feeling the pinch in this economic "crisis", and we are seeing stories about buy-outs at the local corporate headquarters. What is the future of electronics sales when so many are unsure of what tomorrow has in store?
Maybe the small independents that have always offered quality and service (such as General Nanosystems in Minneapolis) will be the future, as the over-built corporations struggle to keep their customer base.
All I know is that there is a much wider radius of fallout to these companies folding than many understand.
Anyway, the Grammy's are boring and I felt like ranting a bit.
Rover
02-08-2009, 11:00 PM
I think that quite a few people and unfortunately the republicans in congress do not acknowledge the fact of collateral damage when this happens. I get a kick out of watching a bunch of multi-millionaires grand stand and tell people that the key to everything economic is corporate tax cuts....nothing could be further from the truth.
Every person that is laid off becomes dependent on the government, they collect unemployment, they lose their private health care and end up having to use the emergency room every time they or their families need a doctor.
To let this slide is simply national suicide and I know we hear..."where is the money going to come from?" It will come from the same place the 850+ billion came from for our idiotic incursion into Iraq, it will come from the same place that we will get it for the 10-20 million unemployed we'll see over the next few years.
This whole fucking fiscal responsibility bullshit that McCain, Boehner and all those other bullshit artists are trying to pull off is nuts...they should be tarred and feathered at the least.
Smidget
02-09-2009, 08:44 AM
There are 2 reasons they are chanting for tax cuts:
The CEOs want to finish looting their companies before the walls come tumbling down.
Most right wingers are incapable of articulating any policy changes other than tax cuts.
Ailwon
02-09-2009, 09:36 AM
...the Republicans had their chance and they fucked up this country but good. They should STFU and except anything the Dems want to do. It's the Democrats turn to fuck up this country good!! :devil
Fandros
02-09-2009, 11:01 AM
...the Republicans had their chance and they fucked up this country but good. They should STFU and except anything the Dems want to do. It's the Democrats turn to fuck up this country good!! :devil
Well if the democrats make the mistake of following Pelosi's lead they'll be out of a job in the House in 2 years.
Obama needs to ride those characters hard to keep them towing the line.
Malse
02-09-2009, 01:12 PM
The mantra of tax cuts only makes sense if you go back 50 years to when the Republicans were also fans of tight fiscal policy. Those days are long dead and buried with Goldwater and Eisenhower.
Someone in the party needs to find whatever combination of their brain and balls that will let them challenge the memetic stupidity of the drill-baby-drill crowd and find a party direction, instead of a party reaction (that being xenophobic panic).
For whatever you feel about Obama's policy direction, he is unarguably the most empiricist (that is, factual result oriented) leadership figure we've had in a long, long time; there is an object lesson in there for people of all ideological bents.
Wiggo da troll
02-09-2009, 01:36 PM
Most right wingers are incapable of articulating any policy changes other than tax cuts.
ah, it seems that youve forgotten 1. tax relief, 2. tax reduction and 3. income enhancements.
Rover
02-09-2009, 02:32 PM
Ultimately Pelosi got off of the Cartmanesk "high horse" we don't work for Obama. So that is a good thing. I would hope this shows people that the Republican party is nothing more than a mass of fortune 100 paid shills. They care nothing about the average person, care nothing about the military troops, care nothing about our standing in the world and are the main reason we find ourselves falling.
LOL...millions in foreclosure, over 500,000 people losing their jobs every month and they actually are trying to sell us on their same old shit of the keys to success are tax breaks for the top 1%...what a fucking joke.
And LOL....Norm Coleman is now going on the air and saying "God wants me to serve as Senator" ...He like Palin is the best case for a Rapture today...please...please rapture and go away.
Fandros
02-09-2009, 02:40 PM
Ultimately Pelosi got off of the Cartmanesk "high horse" we don't work for Obama. So that is a good thing. I would hope this shows people that the Republican party is nothing more than a mass of fortune 100 paid shills. They care nothing about the average person, care nothing about the military troops, care nothing about our standing in the world and are the main reason we find ourselves falling.
LOL...millions in foreclosure, over 500,000 people losing their jobs every month and they actually are trying to sell us on their same old shit of the keys to success are tax breaks for the top 1%...what a fucking joke.
And LOL....Norm Coleman is now going on the air and saying "God wants me to serve as Senator" ...He like Palin is the best case for a Rapture today...please...please rapture and go away.
Could add a list from both sides of the aisle that dirty our political waters.
Pelosi, Daschle are just as big a part of the cancer that is Washington. Palin stays out of our way, doesn't affect you in the slightest Rover so it's a personal bias on your part ;P
Unless you moved to Alaska lately you should be thanking her for helping push the numbers she did towards Obama ;p
Lleauric
02-09-2009, 03:22 PM
If I was Obama....
Id want Coleman over Franken. Franken is a big target, lots of trouble and noise. And there really is no difference between 58 and 59 senators, tactic wise.
No, Id want Coleman. A moderate who is a Senator in a state Obama won by huge numbers. If Coleman was in the Senate, I promise you that there would have been 4 GOP Senators on board for the stimulus plan.
Rover
02-09-2009, 04:31 PM
Could add a list from both sides of the aisle that dirty our political waters.
Pelosi, Daschle are just as big a part of the cancer that is Washington. Palin stays out of our way, doesn't affect you in the slightest Rover so it's a personal bias on your part ;P
Unless you moved to Alaska lately you should be thanking her for helping push the numbers she did towards Obama ;p
You know, I'll take you up on something. Lets look at the republicans in congress separate from the Dems and vice-versa in two different threads. I bet we agree on more than we thing.
As far as Coleman goes, I'm not a Fan of Franken in the least, I just get a kick out of the obvious play to the Republican version of the Taliban and the fact that they fall for it. Franken is like a huge slow moving target for the right.
Fandros
02-09-2009, 04:38 PM
Heh, as long as you think politicians are all crooks who are lesser or greater shades of each other then we're on the same page;P
Ailwon
02-09-2009, 05:16 PM
heh, as long as you think politicians are all crooks who are lesser or greater shades of each other then we're on the same page;p
amen!!!
Bylimet Spiritwalker
02-09-2009, 06:33 PM
I am sure it has been posted before, but:
Poli = latin for many
ticks = blood sucking parasites
If I am not correct on the latin blame the DJ's on my local FM station. :p
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