In response to:

Obama's Verbal Kindergarten

USGrant1863 Wrote: Aug 16, 2012 7:15 AM
The problem with the trickle down analogy is it has true economics backward. It is the entrepreneur or investor that gets what's left (if anything) at the end. Government, workers, suppliers, all get "theirs" before the capitalist knows if there will be a profit at the end. Government keeps extracting more, reducing the possibility of any return. We get less economic activity, fewer jobs, and lower tax revenues as a result. It amazes me that with the example of Reagan there is any doubt about what works to reignite economic growth. Yet the left lives with its slogans and myths.

Let’s talk words, specifically the wrong words.

The president displayed his customary grace this week when he accused Team Romney-Ryan of pedaling "trickle-down fairy dust." It’s gratifying the president realizes he faces a serious economic and philosophical challenge, one that calls for vintage, anti-Reagan artillery. But, strictly speaking, the taunt he threw has always been an incoherent mess.

“Trickle down economics”--what does it mean? That if we don't tax the snot out of the rich, maybe they'll pour some spare pennies down on the heads of the poor? Nonsense. Beyond achieving a miserly-sounding sneer,...