| ▲ | manlymuppet 9 hours ago | ||||||||||||||||||||||
Can I extend an olive branch anyways? I really believe in good faith, civil conversation, and I'd love the opportunity to make amends here. You've said you won't respond further, but seeing your passion, I think it would be great if we could have a civil conversation. I genuinely believe that trickle-down and supply-side economics are meaningfully different things, and I think there would be much to gain from hearing your perspective in more detail. My thesis boils down to the fact that supply-side economics (say for example, something like small business tax credits) often gets conflated with trickle-down economics undeservedly. Trickle-down policy--take money from the poor and give it to the rich indiscriminately--is an objectively horrible idea, but I would say also that nobody is seriously arguing for that sort of thing. (Also, I'm have no idea what "GP" stands for.) | |||||||||||||||||||||||
| ▲ | notahacker 8 hours ago | parent | next [-] | ||||||||||||||||||||||
There are supply side policy arguments that make sense. But that's separate from the linked article, which was a discussion of an empirical paper that claims to find evidence that "tax cuts for the wealthy only benefit the rich" A good faith way of addressing the argument would have been to look at examples where evidence appears to contradict this, or potential flaws in the academic paper, rather than dismiss the idea that supply siders believe that tax cuts for the wealthy benefit more than just the rich based on a label used in a blog headline... (GP, in this context, refers to the "grandparent" comment upthread) | |||||||||||||||||||||||
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| ▲ | smallmancontrov 9 hours ago | parent | prev | next [-] | ||||||||||||||||||||||
I'll pick up the conversation if GP won't (GP = grand parent, your post is the parent of mine and the post above is the grandparent of mine). You're missing the forest for the trees. I argue that the forest is a high level strategy that has been playing out for approaching 50 years: 1. Push money into the capital economy and cut taxes. If anyone complains, cite growth. 2. Push taxes into the labor economy and cut benefits. If anyone complains, cite fiscal responsibility. This doesn't necessarily show up to an egregious degree in any individual policy. I can think of a few examples but that's beside the point. If (1) and (2) are aggressively promoted and happen frequently while the invisible (3) and (4) -- capital pays taxes, labor gets benefits -- aren't and don't, then the net effect is intentionally and predictably and observably upwards re-distributive. Furthermore, I don't buy the excuse that policy wonks don't understand this. Back in comparative government class, they taught us that Iran was a theocracy rather than a democracy not because it didn't do the rituals of electing leaders, but because a Council of Religious Experts got to select the candidates. You can have any color you want, as long as it is black (or Shia Muslim). In any case, the filter is the policy. Between campaign finance and private ownership of media, it's no real surprise that in the US we have the policy filtering mechanism that allows (1),(2) and blocks (3),(4). Again, the filter is the policy, the same logic that makes Iran a theocracy shoves the US towards plutocracy, and we need to push back by shifting aggregate legislative attention away from (1), (2) and towards (3), (4) rather than getting bogged down in debates over whether any particular fig-leaf appropriately covers any particular penis. | |||||||||||||||||||||||
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| ▲ | drdeca 9 hours ago | parent | prev | next [-] | ||||||||||||||||||||||
“GP” in this context is short for “grandparent” or “grandparent post”. It means the comment that they comment they are replying to, is a reply to. | |||||||||||||||||||||||
| ▲ | nobodyandproud 9 hours ago | parent | prev [-] | ||||||||||||||||||||||
Not the OP. But posting from a low-use, 10 month old alt handle (?) doesn't really gesture good faith. | |||||||||||||||||||||||
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