Welcome to Flightinfo.com

  • Register now and join the discussion
  • Friendliest aviation Ccmmunity on the web
  • Modern site for PC's, Phones, Tablets - no 3rd party apps required
  • Ask questions, help others, promote aviation
  • Share the passion for aviation
  • Invite everyone to Flightinfo.com and let's have fun

Trickle down economics and the airlines

Welcome to Flightinfo.com

  • Register now and join the discussion
  • Modern secure site, no 3rd party apps required
  • Invite your friends
  • Share the passion of aviation
  • Friendliest aviation community on the web
Name for me please one nation that has ever become a nation of corporations exploiting the masses and leaving untold millions dead or dying. I can name many nations where government exploit(ed) the masses and leaves/left untold hundreds, thousands, tens of thousands, etc dead or dying. ...


Chile in the 70s

China....now.

Iraq... the US Occupied

http://www.naomiklein.org/shock-doctrine



The problem with your post is you seperate gov't from the economic polices that implement them.....
 
Maybe I don't get it.. but the way I see the two parties is this: McCain wan't to cut out the fat the govenment spends on stupid hidden bills within bills.. Believe's that if you cut corporate taxes then they will want to earn more income, and to this they will hire more people, buy more equipment etc to make the shareholders money..


After Halliburton got all those lucrative no bid contracts from the Bush Admin for Iraq and Katrina...

How did they thank the US tax payers for the all the money?



They moved their Corporate HQ to Dubai.


McCain's stump speeches say he is for the middle class but what does his record say? It is because he says 'my friends' that makes it so convincing?
 
Just remember this:

Obama has never run anything except his mouth.

That's a stupid statement. I guess spending 10 years walking the streets of the ghettos of Chicago helping disparate people take control of their lives (by getting jobs and religion, not government assistance) doesn't count?

Nooo. Never run anything. What have you done for your country besides sell your soul to Mesa Mr So Very Tired?
 
Lot of debate on this subject and I don't discount either viewpoint. But...trickle down seems to have failed.
I don't really know if you can consider the last 10 years trickle down. Bill Clinton and crew thought it was a great idea to try to get everyone into houses whether they really should have been or not. Was it not then the CEO of Fannae Mae that pocketed $10's of millions while they watched lower income people get in way over their heads?

I don't think it as simple as trickle down not working. Trickle up by giving someone something they didn't earn by hard work didn't work so well either.
 
Chile in the 70s

China....now.

Iraq... the US Occupied

http://www.naomiklein.org/shock-doctrine



The problem with your post is you seperate gov't from the economic polices that implement them.....

Not quite. In Chile, Pinochet was a Marxist. He did not rise to power thru a rise in corporate control of the country. China is a Socialist Republic, state run corporations came after the fact as the Communist form of government took place in the 50's. The communists rose to power and built state run corporations to exert further power on the masses. And Iraq, well not sure yet, but nothing close to a country run by corporations.

The original post suggested that CEOs and the rich were making money off the backs of the rest of us and that trickledown economics have failed. The tenet of trickledown economics is that tax breaks to the rich and corporations will eventually work their way down. The Republicans are the party of trickle down economics, the Democrats are the party of higher taxes and redistribution of wealth, ie socialism.

It wasn't a stretch to then ask for the two types of government that best embody these principals, Socialism versus a corporate Plutocracy. In nearly EVERY case in history, socialism has been marked with corruption, genocide, control of the masses. There aren't many, if any, examples of a corporate Plutocracy.

So the point was; the CEOs and evil wealthy that control our major corporations seldom get so powerful that they control society and rule government, but socialist policies have failed throughout the history of mankind. We are on the verge of losing what this country was built on; the effort of the individual, all in the name of the collective good. I think what has worked against the trickledown economic policies are the brief lapses we have made into social engineering, ie The Community Reinvestment Act. Why go down the road we know will not work?
 
Last edited:
I don't think it as simple as trickle down not working. Trickle up by giving someone something they didn't earn by hard work didn't work so well either.

Your right that it isn't simple. We could go back and forth all day cherry picking whatever we think supports any position you want to take. Talking about money is especially emotional for some.
I just think it's a good idea to try and spur the economy by putting more money in the pockets of the consumers and not trying to make a few very rich and hope they will create jobs. There is a LOT of greed and self serving behavior in the upper income brackets. The whole world is paying for it.
 
OK I'll give you that one! You are right. BUT.... there is enough blame to go around in a lot of places. I am pissed off about the bailout and the fact that it rewards the people who screwed up. Both those that over extended themselves and Corporate America with the blessing of our Govt.
That said I think the bailout probably had to happen.
I still like the concept that the working class of the country should drive the economy and not the people making millions.
Just like SWA. They are successful because the middle class (employees) was rewarded and fueled their success, not because Herb was paid more than other CEO's. As a Result, Herb still got rich because SWA's workers fueled their success. Bot he did not get his millions at the expense of the employee's ala UAL, AMR etc. It trickled up, not down
 
Food for thought. As pilots- we are unionized for better QOL and pay. We fight hard for even the smallest raise like COLA, yet to my disbelief some pilots on this board that fight so hard for a buck raise are willing to vote for an instant pay cut-I'm not talking those making over 250,000. Obama is going to raise capital gains tax- whether you make a dollar or over 250,000. So as you fight for a better contract year after year- people on this board are willing to vote for a decrease in purchasing power that will wipe the raises and savings worked so hard for? Am I missing something?
 

Latest resources

Back
Top