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"Documents the everyday, institutionalized ways that income and wealth are transferred upward in the United States-how the bottom subsidizes the top"--
Book Synopsis The Trickle-up Economy by : Mark Mattern
Download or read book The Trickle-up Economy written by Mark Mattern and published by . This book was released on 2021 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Documents the everyday, institutionalized ways that income and wealth are transferred upward in the United States-how the bottom subsidizes the top"--
This essay sheds light on the difference between trickle up economics and trickle down economics, demystifies why trickle down economics does not work and leads to chronic poverty, and elucidates how to create a trickle up economy that benefits everyone and raises the standard of living. Additionally, why corporations will never concede to paying a livable wage to their human employees is explicated, why human employees are extinct and why humans have become outdated horses in the age of automation, and why employee jobs are so brutally dreadful and lead to wage slavery and extreme poverty is revealed in this essay. Moreover, and how to generate extreme wealth online on social media platforms by prolifically creating ample lucrative income generating assets is elaborated upon and the utmost best income generating assets to profusely produce in order to generate extreme wealth online are identified in this essay. Furthermore, how to become an exceptionally successful influencer online on social media platforms in the digital era is meticulously expounded upon, the litany of benefits of becoming a successful influencer online and attaining extreme fame leverage are revealed, and how to earn substantial money online so that you afford to inexplicably enrich every facet of your life is demystified in this essay. The difference between trickle up economics and trickle down economics is not only ineffably vast, but it is able to shed light on the utmost consequential reason as to why one nation's economy is prosperous and robust while another nation's economy is stagnant and dull. The system of trickle down economics creates a centralized economy in which wealth is concentrated in the hands of relatively few people whereas the system of trickle up economics creates a robust decentralized economy in which wealth is dispersed into the hands of many. The premise of the system of trickle down economics is that concentrating wealth in the hands of so few people will preponderantly benefit the economy more so than the dispersion of wealth. "Trickle down economics is a theory that claims benefits for the wealthy trickle down to everyone else. Trickle-down economics assumes investors, savers, and company owners are the real drivers of growth. It also assumes that they will use any extra cash from tax cuts to expand businesses. Under this assumption, investors will buy more companies or stocks, banks will increase lending, owners will invest in their operations and hire workers, and all of this expansion will theoretically trickle down to workers. The workers will spend their wages to drive demand and economic growth" (Amadeo, 2019). In reality, a system of trickle down economics does not have such benefits for increasing the standard of living nor for spurring economic growth since corporations view employees as exploitable, expendable labor cost liabilities who are a dime a dozen. Companies will never pay their employees a penny above minimum wage, irrespective of how credentialed they are, even though companies now have market caps exceeding $1,000,000,000,000. One of the underlying principles of trickle down economics is that "targeted tax cuts work better than general ones. It advocates cuts to corporations, capital gains, and savings taxes. It does not promote across-the-board tax cuts. Instead, the tax cuts go to the wealthy and the benefits ostensibly trickle down to everyone else. It is also contended that the tax cuts offered to the wealthy provide a powerful multiplication effect" (Amadeo, 2019). It is posited that "this will create a more prosperous economy and a larger tax base" (Amadeo, 2019) under this system of trickle down economics. Trickle down economics has profusely increased the income disparity and does not increase customer spending since tax cuts for the wealthy does not increase the purchasing power of the average private sector employee who does not even earn a sustenance wage for affording housing.
Book Synopsis The Difference Between Trickle Up Economics And Trickle Down Economics, Why Trickle Down Economics Does Not Work And Leads To Chronic Poverty, And How To Create A Trickle Up Economy That Benefits Everyone And Raises The Standard Of Living by : Dr Harrison Sachs
Download or read book The Difference Between Trickle Up Economics And Trickle Down Economics, Why Trickle Down Economics Does Not Work And Leads To Chronic Poverty, And How To Create A Trickle Up Economy That Benefits Everyone And Raises The Standard Of Living written by Dr Harrison Sachs and published by . This book was released on 2020-02-12 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay sheds light on the difference between trickle up economics and trickle down economics, demystifies why trickle down economics does not work and leads to chronic poverty, and elucidates how to create a trickle up economy that benefits everyone and raises the standard of living. Additionally, why corporations will never concede to paying a livable wage to their human employees is explicated, why human employees are extinct and why humans have become outdated horses in the age of automation, and why employee jobs are so brutally dreadful and lead to wage slavery and extreme poverty is revealed in this essay. Moreover, and how to generate extreme wealth online on social media platforms by prolifically creating ample lucrative income generating assets is elaborated upon and the utmost best income generating assets to profusely produce in order to generate extreme wealth online are identified in this essay. Furthermore, how to become an exceptionally successful influencer online on social media platforms in the digital era is meticulously expounded upon, the litany of benefits of becoming a successful influencer online and attaining extreme fame leverage are revealed, and how to earn substantial money online so that you afford to inexplicably enrich every facet of your life is demystified in this essay. The difference between trickle up economics and trickle down economics is not only ineffably vast, but it is able to shed light on the utmost consequential reason as to why one nation's economy is prosperous and robust while another nation's economy is stagnant and dull. The system of trickle down economics creates a centralized economy in which wealth is concentrated in the hands of relatively few people whereas the system of trickle up economics creates a robust decentralized economy in which wealth is dispersed into the hands of many. The premise of the system of trickle down economics is that concentrating wealth in the hands of so few people will preponderantly benefit the economy more so than the dispersion of wealth. "Trickle down economics is a theory that claims benefits for the wealthy trickle down to everyone else. Trickle-down economics assumes investors, savers, and company owners are the real drivers of growth. It also assumes that they will use any extra cash from tax cuts to expand businesses. Under this assumption, investors will buy more companies or stocks, banks will increase lending, owners will invest in their operations and hire workers, and all of this expansion will theoretically trickle down to workers. The workers will spend their wages to drive demand and economic growth" (Amadeo, 2019). In reality, a system of trickle down economics does not have such benefits for increasing the standard of living nor for spurring economic growth since corporations view employees as exploitable, expendable labor cost liabilities who are a dime a dozen. Companies will never pay their employees a penny above minimum wage, irrespective of how credentialed they are, even though companies now have market caps exceeding $1,000,000,000,000. One of the underlying principles of trickle down economics is that "targeted tax cuts work better than general ones. It advocates cuts to corporations, capital gains, and savings taxes. It does not promote across-the-board tax cuts. Instead, the tax cuts go to the wealthy and the benefits ostensibly trickle down to everyone else. It is also contended that the tax cuts offered to the wealthy provide a powerful multiplication effect" (Amadeo, 2019). It is posited that "this will create a more prosperous economy and a larger tax base" (Amadeo, 2019) under this system of trickle down economics. Trickle down economics has profusely increased the income disparity and does not increase customer spending since tax cuts for the wealthy does not increase the purchasing power of the average private sector employee who does not even earn a sustenance wage for affording housing.
Michael Savage—conservative talk radio host and #1 New York Times bestselling author—takes on President Obama’s socialist agenda, his Chicago-style strong-arm tactics, and his Lenin-like complex in Trickle Up Poverty. Savage’s quest is to help American’s save America from economic Armageddon, and Trickle Up Poverty addresses everything from the global warming myth to the health care debacle to the Tea Party revolution, in an essential conservative manifesto that anyone who loves Sean Hannity, Rush Limbaugh, Bill O’Reilly, Glen Beck, and Dick Morris must read.
Book Synopsis Trickle Up Poverty by : Michael Savage
Download or read book Trickle Up Poverty written by Michael Savage and published by Harper Collins. This book was released on 2010-10-05 with total page 1080 pages. Available in PDF, EPUB and Kindle. Book excerpt: Michael Savage—conservative talk radio host and #1 New York Times bestselling author—takes on President Obama’s socialist agenda, his Chicago-style strong-arm tactics, and his Lenin-like complex in Trickle Up Poverty. Savage’s quest is to help American’s save America from economic Armageddon, and Trickle Up Poverty addresses everything from the global warming myth to the health care debacle to the Tea Party revolution, in an essential conservative manifesto that anyone who loves Sean Hannity, Rush Limbaugh, Bill O’Reilly, Glen Beck, and Dick Morris must read.
Bestselling author John R. Talbott, who predicted the housing and mortgage crisis, pictures in Obamanomics--written well in advance of the historic 2008 elections--a Barack Obama presidency based on justice and cooperation—principles that have not held sway in Washington, DC, for quite some time. Talbott's powerful grasp of finance allows him to connect the issue of financial inequality in America with our need as a people to embrace change. Obama has shown he knows that divisions among races, religions, and political views have prevented Americans from coming together to solve the most important problems of our age. Obamanomics, infused with Obama's speeches, campaign policy statements, and other writings, describes a government acting according to democratic principles to enact lobbying reform, get our economy moving again, fix our healthcare system, slow global warming, prevent unnecessary wars, improve education, address the aging of our population, find alternative energy sources, and bring about housing, mortgage, and banking reform.
Book Synopsis Obamanomics by : John R. Talbott
Download or read book Obamanomics written by John R. Talbott and published by Seven Stories Press. This book was released on 2011-01-04 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bestselling author John R. Talbott, who predicted the housing and mortgage crisis, pictures in Obamanomics--written well in advance of the historic 2008 elections--a Barack Obama presidency based on justice and cooperation—principles that have not held sway in Washington, DC, for quite some time. Talbott's powerful grasp of finance allows him to connect the issue of financial inequality in America with our need as a people to embrace change. Obama has shown he knows that divisions among races, religions, and political views have prevented Americans from coming together to solve the most important problems of our age. Obamanomics, infused with Obama's speeches, campaign policy statements, and other writings, describes a government acting according to democratic principles to enact lobbying reform, get our economy moving again, fix our healthcare system, slow global warming, prevent unnecessary wars, improve education, address the aging of our population, find alternative energy sources, and bring about housing, mortgage, and banking reform.
This essay unscrambles gross misconceptions that have made rational debates about tax policies virtually impossible for decades.
Book Synopsis "Trickle Down Theory" and "Tax Cuts for the Rich" by : Thomas Sowell
Download or read book "Trickle Down Theory" and "Tax Cuts for the Rich" written by Thomas Sowell and published by Hoover Press. This book was released on 2013-09-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essay unscrambles gross misconceptions that have made rational debates about tax policies virtually impossible for decades.
Introduction : Economic transitions in surprising places -- What's wrong with what we've got? Rising tides, trickle down, and other economic myths -- Renewing households and communities : from consumptive dependence to productive resilience -- Unleashing local living economies : from trickle-down problems to bottom-up solutions -- Building broadly based and durable prosperity : from concentrated wealth and widespread insecurity to worker ownership and community capital -- Taking sustainability to scale : from a thousand flickers of light to networks of learning, doing, and change -- Rebuilding a meaningful public debate : from debilitating corporate media to energizing civic conversations -- Transforming politics from the bottom up : unleashing a community-based politics of engagement to overcome the lobbyists and moneyed elites -- Conclusion : Creating a new story, from the bottom up.
Book Synopsis Building a Healthy Economy from the Bottom Up by : Anthony Flaccavento
Download or read book Building a Healthy Economy from the Bottom Up written by Anthony Flaccavento and published by University Press of Kentucky. This book was released on 2016-06-10 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: Introduction : Economic transitions in surprising places -- What's wrong with what we've got? Rising tides, trickle down, and other economic myths -- Renewing households and communities : from consumptive dependence to productive resilience -- Unleashing local living economies : from trickle-down problems to bottom-up solutions -- Building broadly based and durable prosperity : from concentrated wealth and widespread insecurity to worker ownership and community capital -- Taking sustainability to scale : from a thousand flickers of light to networks of learning, doing, and change -- Rebuilding a meaningful public debate : from debilitating corporate media to energizing civic conversations -- Transforming politics from the bottom up : unleashing a community-based politics of engagement to overcome the lobbyists and moneyed elites -- Conclusion : Creating a new story, from the bottom up.
Is utopia possible? Maybe not a perfect society, but is it possible to maximize the happiness of society? This book proposes that it is, indeed, possible to, at least, greatly improve the happiness of society by structuring the tax code according to 2 very simple economic principles that anyone can understand. It will greatly reduce inequality and give most people a much better start in life. Economic output can also be increased by changing the tax code to promote work.This book explains the history of wealth creation, and why the wealthy are rich. It also debunks the many arguments used to promote tax breaks for the wealthy.If this tax policy could be enacted, it would end economic slavery, and show how the world could potentially live in peace! This book also suggests a much better way to vote so that better policies can be implemented, thus reducing the influence of money and corruption in politics.
Book Synopsis Trickle-Up Economics by : William Spaulding
Download or read book Trickle-Up Economics written by William Spaulding and published by . This book was released on 2019-11-18 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is utopia possible? Maybe not a perfect society, but is it possible to maximize the happiness of society? This book proposes that it is, indeed, possible to, at least, greatly improve the happiness of society by structuring the tax code according to 2 very simple economic principles that anyone can understand. It will greatly reduce inequality and give most people a much better start in life. Economic output can also be increased by changing the tax code to promote work.This book explains the history of wealth creation, and why the wealthy are rich. It also debunks the many arguments used to promote tax breaks for the wealthy.If this tax policy could be enacted, it would end economic slavery, and show how the world could potentially live in peace! This book also suggests a much better way to vote so that better policies can be implemented, thus reducing the influence of money and corruption in politics.
This book explains the whole playbook the Republicans have unleashed on U.S. citizens for the last 40 years in detail. I explain why they keep putting Trickle-Down Economics formulas to the populace and I formulate a roadmap to overcome this flawed theory, replacing it by my economic model of Trickle-Up Economics, also replacing our antiquated energy systems with a modern 21st century green alternative that will grow the economy and begin undoing years of entrenched Plutocratic governance into a fairer Capitalist society where everyone benefits!
Book Synopsis The Trickle-Down Economics Playbook by : Christopher Cronin
Download or read book The Trickle-Down Economics Playbook written by Christopher Cronin and published by . This book was released on 2019-08-17 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explains the whole playbook the Republicans have unleashed on U.S. citizens for the last 40 years in detail. I explain why they keep putting Trickle-Down Economics formulas to the populace and I formulate a roadmap to overcome this flawed theory, replacing it by my economic model of Trickle-Up Economics, also replacing our antiquated energy systems with a modern 21st century green alternative that will grow the economy and begin undoing years of entrenched Plutocratic governance into a fairer Capitalist society where everyone benefits!
________________ As seen on Sky News All Out Politics ‘There’s no understanding global inequality without understanding its history. In The Divide, Jason Hickel brilliantly lays it out, layer upon layer, until you are left reeling with the outrage of it all.’ - Kate Raworth, author of Doughnut Economics · The richest eight people control more wealth than the poorest half of the world combined. · Today, 60 per cent of the world’s population lives on less than $5 a day. · Though global real GDP has nearly tripled since 1980, 1.1 billion more people are now living in poverty. For decades we have been told a story: that development is working, that poverty is a natural phenomenon and will be eradicated through aid by 2030. But just because it is a comforting tale doesn’t make it true. Poor countries are poor because they are integrated into the global economic system on unequal terms, and aid only helps to hide this. Drawing on pioneering research and years of first-hand experience, The Divide tracks the evolution of global inequality – from the expeditions of Christopher Columbus to the present day – offering revelatory answers to some of humanity’s greatest problems. It is a provocative, urgent and ultimately uplifting account of how the world works, and how it can change for the better.
Book Synopsis The Divide by : Jason Hickel
Download or read book The Divide written by Jason Hickel and published by Random House. This book was released on 2017-05-04 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: ________________ As seen on Sky News All Out Politics ‘There’s no understanding global inequality without understanding its history. In The Divide, Jason Hickel brilliantly lays it out, layer upon layer, until you are left reeling with the outrage of it all.’ - Kate Raworth, author of Doughnut Economics · The richest eight people control more wealth than the poorest half of the world combined. · Today, 60 per cent of the world’s population lives on less than $5 a day. · Though global real GDP has nearly tripled since 1980, 1.1 billion more people are now living in poverty. For decades we have been told a story: that development is working, that poverty is a natural phenomenon and will be eradicated through aid by 2030. But just because it is a comforting tale doesn’t make it true. Poor countries are poor because they are integrated into the global economic system on unequal terms, and aid only helps to hide this. Drawing on pioneering research and years of first-hand experience, The Divide tracks the evolution of global inequality – from the expeditions of Christopher Columbus to the present day – offering revelatory answers to some of humanity’s greatest problems. It is a provocative, urgent and ultimately uplifting account of how the world works, and how it can change for the better.
“Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.
Book Synopsis Economic Dignity by : Gene Sperling
Download or read book Economic Dignity written by Gene Sperling and published by Penguin. This book was released on 2021-10-12 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.
