My Trickle Up Theory uses not the pyramid of population that the Trickle Down Theory relies on, which has the wealthiest 3% owning 50% of the country's wealth at the top echelon. Instead, I do the pyramid by bank account size, with the vast majority of people fitting at the top, with zero funds and thousands of dollars in debt, all the way to the bottom at the broadest base with the 3% sliver.

My theory is based on this hypothetical. What if Obama gave every man, woman, and child $1,000,000 in cash to spend on toys, store in their bank account, and stick up their ass for fun?

1. People would immediately pay off their debt, including mortgages and buy homes. This would fix both lending companies and the real estate crisis.
2. People would spend the rest on bullshit they don't need. All private industries would receive a boost of total income immediately.
3. Inflation would rise for a few months as the dumbest spent their money on frivolous objects. Once it would be apparent that milk would no longer sell $1000 for half a gallon, it would return to normal eventually.
4. Salaries would rise, as employers could afford to do so.

5. People with a brain stem would secure some of their funds in a bank. Namely, the upper middle class and beyond. This would further help the ailing banking industry.

What do you think about this, as apposed to the "Treat the Wealthy and the Wealth will Spread" philosophy most Republicans hold?

Post edited at 8:14 pm on July 1, 2009 by acausedelle

-------
Leaving date: March 23rd
Road test: April 23rd

---

I've thought this up in my free time with my many arguments with my imaginary conservative friend, so sorry if you've heard it before.

My Trickle Up Theory uses not the pyramid of population that the Trickle Down Theory relies on, which has the wealthiest 3% owning 50% of the country's wealth at the top echelon. Instead, I do the pyramid by bank account size, with the vast majority of people fitting at the top, with zero funds and thousands of dollars in debt, all the way to the bottom at the broadest base with the 3% sliver.

My theory is based on this hypothetical. What if Obama gave every man, woman, and child $1,000,000 in cash to spend on toys, store in their bank account, and stick up their ass for fun?

1. People would immediately pay off their debt, including mortgages and buy homes. This would fix both lending companies and the real estate crisis.
2. People would spend the rest on bullshit they don't need. All private industries would receive a boost of total income immediately.
3. Inflation would rise for a few months as the dumbest spent their money on frivolous objects. Once it would be apparent that milk would no longer sell $1000 for half a gallon, it would return to normal eventually.
4. Salaries would rise, as employers could afford to do so.

5. People with a brain stem would secure some of their funds in a bank. Namely, the upper middle class and beyond. This would further help the ailing banking industry.

What do you think about this, as apposed to the "Treat the Wealthy and the Wealth will Spread" philosophy most Republicans hold?

---

This is nonsense. Where would this million dollar come from? From the sand? No, wrong taxes they themselves paid. Epic fail.

-------
"The larger the island of knowledge, the longer the
shoreline of wonder" (Ralph W. Sockman)

If that's the only defense you can come up with to protect your silly feel good ideologies, then you should take them elsewhere.

The money comes from the rich.

I hate to be so blunt, but that is just a terrible idea. It would destroy the value of the dollar, along with a slew of whole other bullshit that just would not be necessary. It is proven that markets work in cycles. The "recession" is kind of like global warming. It's something that occurs naturally, but politicians and shady scientists are making money by explaining it to people in a way that makes it seem like something interesting and preventable is happening. True, we could use better government and regulation, but the world market would still fluctuate. It's all about living now. Super-powers would rather compete against each other for some bullshit sense of national pride than even-out resource distribution and accomplish the same thing we're doing with our spare time a lot faster, together. This is part of why markets fluctuate as they do.

-------
This is how we bleed in audio.

---

The "recession" is kind of like global warming. It's something that occurs naturally, but politicians and shady scientists are making money by explaining it to people in a way that makes it seem like something interesting and preventable is happening.

---

1 million isn't an inconceivably large amount. People would want to buy $3m+ houses and real estate will go nuts. And once again people won't be able to repay their debt. Short-sighted people might also quit their jobs and confuse the economy further.

-------
i spy on you too

---

Nothing that dramatic would occur.  

1 million isn't an inconceivably large amount. People would want to buy $3m+ houses and real estate will go nuts. And once again people won't be able to repay their debt. Short-sighted people might also quit their jobs and confuse the economy further.

---

I wish I knew the answer to the perfect society.
However, I do not think Conservatism is it.

---

You are suggesting that Obama should spend $304,059,724,000,000 giving everyone, including the completely irresponsible cash grants? An amount that massive, even half that, is absurd. Where do you suppose this money would come from? Many government services would be unable to continue operating, and many people would likely lose their jobs. But that's fine since everyone has a million dollars, right? No. Because just as you said, people would begin to raise prices astronomically, and the economy would begin falling apart even more. Now, suddenly people who were barely getting by are spending - let's say - a thousand on a half gallon of milk because they have no choice will be hopeless and pissed because there would be stricter regulations on aid services, and even though there aren't jobs to be had now, there would be even less. It's not like people would wait for years after it was distributed for inflation to rise before they would start gouging.  

I hate to be so blunt, but that is just a terrible idea. It would destroy the value of the dollar, along with a slew of whole other bullshit that just would not be necessary. It is proven that markets work in cycles. The "recession" is kind of like global warming. It's something that occurs naturally, but politicians and shady scientists are making money by explaining it to people in a way that makes it seem like something interesting and preventable is happening. True, we could use better government and regulation, but the world market would still fluctuate. It's all about living now. Super-powers would rather compete against each other for some bullshit sense of national pride than even-out resource distribution and accomplish the same thing we're doing with our spare time a lot faster, together. This is part of why markets fluctuate as they do.

---

You took everything I was about to say and said it.  It wouldn't help at all, there would be an inflation so massive that it would eventually equal out to where the value of the dollar vs. the price of goods is just a scale model of what it is now.  If anything, it'd just make things harder for people, considering when everyone got their money, they would most likely retire.  Well, after everyone retires, who's going to do all the jobs?  Run the stores, the power plants, sanitation company, medical areas, etc.  The county would completely collapse.

-------
Jason's Joke Thread.  
I am prepared to meet my Maker.
Whether my Maker is prepared for the great ordeal of meeting me
is another matter.

---

Quote: from Audioblood at 9:04 pm on July 1, 2009

---

The "recession" is kind of like global warming. It's something that occurs naturally, but politicians and shady scientists are making money by explaining it to people in a way that makes it seem like something interesting and preventable is happening.

---

I stopped taking you seriously at this point.

---

You apparently never read the first part. Where do you think this money will come from? Obama will just shit out one million dollars for every man, woman and child? Money represents resources. You can't hand out that much money and expect the federal government to not become unstable.

-------
This is how we bleed in audio.

Regardless, that would still allow for all the above to happen. What you guys are missing though is that companies will need to employ more workers to meet up with the surge in demand. As more people are employed, demand will actually stabilize at a higher rate than it is now. $50,000 also is a better figure because it would totally rule out any hopes of retiring on that money, yet still allow people to pay off bills, buy a car, or even make a hefty down payment on a home.

And, again, the money would come from the wealthy. If you appropriate even a fraction of the taxes from the top 3% this money could be raised before Obama's re-election.

Post edited at 11:44 am on July 2, 2009 by Mein Alias

And regardless, where will that seventeen trillion dollars come from, eh? You can't just print tons of money and expect that to solve anything.

Obama cannot appropriate 17 trillion dollars. The wealthy do not have that to give, and even if they did, you can't just take their wealth.

-------
Life is pleasant. Death is peaceful.It's the transition
that's troublesome.   --Isaac Asimov