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Black Lives matter shuts down Bernie
#95
(08-13-2015, 09:32 PM)jakefromstatefarm Wrote: I'm afraid it's a bit more complicated than that. 

If trickle up economics is so great, why are countries such as Greece failing away in debt? 

Why has 29 trillion in dollars spent on the War on Poverty led to more poverty? 

You should probably read up on the situation. That's not meant as an insult, but these comments are horribly uninformed.

Greece's problems stem from having a very, very poor economy when they entered into using the Euro. The Euro locked the in to an economic "rate" — unlike most countries, they couldn't devalue their own currency and adjusting for debt by simply printing more, they had to try to make the best of it. They couldn't. Tax loopholes for large companies and bloated government were seen by the international community as the two biggest areas of concern, and were tied specifically to their bailouts. Coincidentally, they've also been the two biggest areas of our concern since we went to trickle down, and during the Bush years when our economy got punched in the nugs. Or maybe it's not a coincidence. Maybe people just don't notice it as much because — look, over there, it's a giant distraction!

Mellow
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RE: Black Lives matter shuts down Bernie - Benton - 08-14-2015, 12:24 AM

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