Trump is making all the right moves

[Mancode]

6 minutes ago, human1234 said:

Trickle down economics never work. You are barely getting any bread crumbs from the rich. Economic inequality that exists in the world is brutality towards humanity 

trickle down economics is only economics that ever worked check ronald regan presidency, trump presidency and even obama presidency...

good for jobs and gdp growth..

giving handouts to people is socialism, countries which are socialist are all failed.india about to fail ,thanks to PV

[human1234]

37 minutes ago, Mancode said:

trickle down economics is only economics that ever worked check ronald regan presidency, trump presidency and even obama presidency...

good for jobs and gdp growth..

giving handouts to people is socialism, countries which are socialist are all failed.india about to fail ,thanks to PV

I did not say socialist. It should be balanced. Uncontrolled capitalism is dangerous. 

[Mancode]

14 hours ago, human1234 said:

I did not say socialist. It should be balanced. Uncontrolled capitalism is dangerous. 

 

14 hours ago, human1234 said:

I did not say socialist. It should be balanced. Uncontrolled capitalism is dangerous. 

crony capitalism is dangerous 

and true to some extent uncontrolled capitalism is bad too

[Ballisticmissile]

16 hours ago, Mancode said:

trickle down economics is only economics that ever worked check ronald regan presidency, trump presidency and even obama presidency...

good for jobs and gdp growth..

giving handouts to people is socialism, countries which are socialist are all failed.india about to fail ,thanks to PV

Load of crap it's failed every time and everywhere....

https://youtu.be/ZQ_b5ykl-5c?si=rdpUnb4acy7DliZD

 

It's done in india under Modi too... corporate taxes 2-3 lakh core taggincharu....where did it go ???... corporate profits highest level ever...but high youth unemployment still...where did tax rebates go ?? Ambani, Adani are using the tax rebates to invest in USA and offshoring the profits...

 

Now Indian government realized it's a mistake and gave tax relief to middle class...now the money saved us used by the lower middle and middle class to buy new things,those GST comes to government back and rotation of money in the system....

Giving corporates rebates without money in the hands of masses goes no where... without consumption from people no industrialist will increase production...where will people get money? Seed capital is ALWAYS public spending..

 

Indian example recently also showing that tickle down economics don't work..

[Mancode]

On 2/9/2025 at 11:54 AM, Ballisticmissile said:

Load of crap it's failed every time and everywhere....

https://youtu.be/ZQ_b5ykl-5c?si=rdpUnb4acy7DliZD

 

It's done in india under Modi too... corporate taxes 2-3 lakh core taggincharu....where did it go ???... corporate profits highest level ever...but high youth unemployment still...where did tax rebates go ?? Ambani, Adani are using the tax rebates to invest in USA and offshoring the profits...

 

Now Indian government realized it's a mistake and gave tax relief to middle class...now the money saved us used by the lower middle and middle class to buy new things,those GST comes to government back and rotation of money in the system....

Giving corporates rebates without money in the hands of masses goes no where... without consumption from people no industrialist will increase production...where will people get money? Seed capital is ALWAYS public spending..

 

Indian example recently also showing that tickle down economics don't work..

demonetisation, banking NPA crisis ,higher interest rates never helped for just corporate tax cut. thats why it never worked 

[Ballisticmissile]

On 2/11/2025 at 8:40 AM, Mancode said:

demonetisation, banking NPA crisis ,higher interest rates never helped for just corporate tax cut. thats why it never worked 

I don't agree a bit with tickle down economics....

I ask you a question. You have 1000c indian government gives 100 percent tax relief for investment on pork production in kasmir, provided pork is sold in kasmir only.

Would you invest in pork factory? Government is giving 100 percent tax relief right ?

You are owner of Ferrari, indian government gives 100 percent tax relief (no tax) for your manufacturing provided it's done in Bihar / UP and sold in UP/ Bihar/Rajastan/Jharkhand/Odisha / North East only. 

 

No!! Because there is no market, people doesn't have money to buy ferraris, teslas there. What will giving 100 percent tax relif do for business?

 

Ferrari / Tesla are selling in Germany, Norway, Switzerland, Italy, Netherlands, Sweden, Finland... despite there being no tax relief...

 

Business man will sell only when there is demand, demand unte bank lo appu techaina product tayaru chestadu....

 

Tickle down is a trash it's failed everywhere everytime. May be it looked like a sucess for few months to couple of years. Then everyone ditched it . It's same like mercentalism an outdated economic philosophy.