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Trickle Down........

Posted By: Duchess Bridger on 2009-03-23
In Reply to: I think maybe you should read up... - Zville MT

Closing all the mental institutions and putting the insane on the streets was atrocious - but - it got them off disability and welfare...after all...you had to have an address to get those benefits. More can be found at the following link:  http://www.monitor.net/monitor/0406a/reaganhomeless.html


Reagan's Homeless


by:  Peter Dreier


Reagan came to office in 1981 with what he viewed as a mandate to reduce federal spending. In reality, Reagan increased federal spending by dramatically increasing the military budget while slashing domestic programs for working class Americans, particularly the poor. The result was a bloated federal deficit that mortgaged the nation's future.



Reagan's fans give him credit for restoring the nation's prosperity. But whatever economic growth occurred during the Reagan years benefitted the already well-off. The income gap between the rich and everyone else in America widened. Wages for the average worker declined. The nation's homeownership rate fell. Despite boom times for the rich, during Reagan's two terms in the White House, the poverty rate in cities grew.



Reagan owed little to urban voters, big-city mayors, black or Hispanic leaders, or labor unions -- the major advocates for metropolitan concerns. His indifference to urban problems was legendary. Early in his presidency, at a White House reception, Reagan went up to the only black member of his Cabinet, Housing and Urban Development (HUD) Secretary Samuel Pierce, and said: "How are you, Mr. Mayor? I'm glad to meet you. How are things in your city?"



Reagan not only failed to recognize his own HUD Secretary, he failed to deal with the growing corruption scandal at the agency. Indeed, during the Reagan years, HUD became a feeding trough for Republican campaign contributors. Fortunately for Reagan, the media didn't uncover the "HUD Scandal" until he left office. It resulted in the indictment and conviction of top Reagan administration officials for illegally targeting housing subsidies to politically connected developers.




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Yeah, and that *trickle down*
stuff, too!  LOL.
Trickle down economics
didn't work under Reagan and it won't work under McCain.  Ever consider water doesn't run uphill?
Trickle up poverty

I decided to Google this phrase and see what came up.  Not suprising the first on the list was from Rush Limbaugh.   I did find this too though and I couldn't agree more.  I have no idea who wrote it.


http://www.opednews.com/articles/Trickle-Up-Poverty-and-the-by-Cameron-Salisbury-080923-947.html


So how's that trickle down thing working
how big and fat those corporate giants have gotten and just how much your, your kids and their kids are going to be shelling out to fix what they broke?
How's that trickle down thing been working
If you are doing so well, how's that stock market been treating you lately? 401K all intact? When they froze your credit, added another $150 billion in pork and sweeteners to the bail out, McCain decided we should buy up all the bad mortgages at their original inflated values (creating a windfall for the lenders), AIG execs went to the spa on their way to the quail/pheasant hunt over in England and W announced the bank stock sale, were you as outraged as you seem to be over Obama's notion that we might want to take a look at poverty?
Question for the trickle down experts.
How long do you reckon it will take for those obscene executive pay/bonuses to reach my house? Will it be here in time for Christmas?
I fail to see how trickle up would work any better....sm
A lot of people I know who got their stimulus checks used it to pay their bills, put gas in their car, and buy a few groceries...and if there's any left, stuff it in their mattress for a rainy day (which is probably next week or next month).

Please explain to us how trickle up is going to work. I don't see how that chicken is going to stimulate the economy much at all.
Trickle up tax cuts 4 rich works so well
full-blown depression in view of FMFM. JM promises change in economic policies how? Show me the plan.
How about that trickle up effect Obama's been touting....sm
how soon do you think those homeless people and lower end workers are going to be helping out the economy, hmmmmmm?????????

Think they're gonna be putting anything in your stocking next year?