Interestingly provocative economics prospective, discuss

[LegalSmash]

http://www.alternet.org/workplace/14...o_rich_people/

titilating?

[Red Tampon]

Stop giving free money to people. Pretty simple.

[LegalSmash]

Stop giving free money to people. Pretty simple.

Where did you get that out of the article?

[Red Tampon]

i didnt.

[Silentfaith]

i didnt.

Omg at your avatar again, and your sign is funny as hell lol

[PotshotPolka]

Sounds like some shit Moore would write, I'll be back tonight when I have time.

[RedOctober]

people are pissed that we are giving rich corporations money and the people are receiving squat. while i personally agree that attempting to bail out GM and the banks was a very large mistake it was a wiser investment than giving the money to the American people. i don't think that if i received a 4K dollar check from the government it would do the failing companies of America much good.

....the bailouts are failed anyway, eventually the market will go whatever way it was heading to begin with. Obama's plan was just to place a speed bump on it so the political blame falls on the next sorry ass that happens to be in charge.

[LegalSmash]

Failing companies should have been allowed to fail but the article is more a commentary from another prospective as to the effectiveness of trickle down economics that was posted by a friend of mine who is a lawyer in NY. I thought it was interesting.

[RedOctober]

it was pretty good article. i knew the author hated the trickle down approach when i read the title "Our Economy Is Going to Keep Tanking Until We Stop Shoveling Billions to Rich People"

but the flip side is that i don't see any poor people hiring anyone. and the continuing decline of jobs available is one of the most important factors why the economy isn't going to make a rebound any time soon

[Drox]

Failing companies should have been allowed to fail but the article is more a commentary from another prospective as to the effectiveness of trickle down economics that was posted by a friend of mine who is a lawyer in NY. I thought it was interesting.

Yea but wouldnt that make us a Capitalist country? Oh wait thats right, we are moving towards more fascist and socialist nowadays. ;) I agree we should have let these companies fail, thats how it works but the government is scared if they do fail then it will be a domino effect leading us to depression and another stock market crash or so they tell us. Now GM is 70% owned by the government now, which to me doesnt make much sense.