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Aella_Girl's profile
Aella
Aella
Aella
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@Aella_Girl

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AellaVerified account

@Aella_Girl

whorelord http://aella.hns.to 

Austin
knowingless.com
Joined September 2012

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    1. Aella‏Verified account @Aella_Girl 27 Dec 2019

      "trickle down theory" seems obviously correct to me. Like, if a person has lots of money, it's stupid to sit on it - they invest it, found businesses, hire people, buy things - all of which are putting money back into lower tiers of the economy to me. Am I missing something big?

      335 replies 15 retweets 362 likes
    2. Jorn‏ @WoodFeels 27 Dec 2019
      Replying to @Aella_Girl

      Most of the money saved in big business tax cuts goes towards stock buybacks which raises the price of the stock but does little else for the economy. the money does not “trickle down” to the lower ranks of the company it stays at the top.

      4 replies 0 retweets 30 likes
      Aella‏Verified account @Aella_Girl 27 Dec 2019
      Replying to @WoodFeels

      But isn't raising stock price good for the economy?

      3:55 PM - 27 Dec 2019
      • 4 Likes
      • Toucher of Grass Leon Coe OPT
      17 replies 0 retweets 4 likes
        1. Oliver‏ @Ol_Wall 27 Dec 2019
          Replying to @Aella_Girl @WoodFeels

          No, it's meant to indicate whether or not the economy is doing well.

          0 replies 0 retweets 0 likes
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        2. Adam Reid‏ @iAmAdamReid 27 Dec 2019
          Replying to @Aella_Girl @WoodFeels

          Only for those who have ownership of stock in the market. The market reflects how good the economy is for the class that owns assets. More and more people do not fit this category. More and more people will never “own” anything, and have to pay money to those that do.

          1 reply 0 retweets 20 likes
        3. Aella‏Verified account @Aella_Girl 27 Dec 2019
          Replying to @iAmAdamReid @WoodFeels

          I own stock. If I get richer from stock going up, I invest more and have more to spend on e.g. a house, which requires paying people to build it. Taxes on income do seem to reduce the usefulness of trickle down tho

          5 replies 0 retweets 5 likes
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        2. pm‏Verified account @pm 27 Dec 2019
          Replying to @Aella_Girl @WoodFeels

          only for stock owners (mostly rich people)

          1 reply 0 retweets 1 like
        3. Aella‏Verified account @Aella_Girl 27 Dec 2019
          Replying to @pm @WoodFeels

          I own stock, and when I do well I spend more on local shops, goods, maybe buying a house

          1 reply 0 retweets 2 likes
        4. Show replies
        1. Jorn‏ @WoodFeels 27 Dec 2019
          Replying to @Aella_Girl

          its more good for the shareholders than "the economy" whats good for the economy is the circulation of money. working class people with money to spend.

          0 replies 0 retweets 3 likes
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        1. Will Rosecrans‏ @forkazoo 27 Dec 2019
          Replying to @Aella_Girl @WoodFeels

          Not necessarily. Arguable, even GDP growth is a terrible measure, though it's much more relevant. 1 guy making 2 million dollars and a million folks being out a dollar is GDP growth of a million dollars, which leaves 99.9+% of the people economically worse off.

          0 replies 0 retweets 0 likes
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        2. Gaston Marian‏ @gaston_marian 27 Dec 2019
          Replying to @Aella_Girl

          One issue is that the stock market isnt a good indicator or the economy as a whole. The wealthiest 10% of the population owns >80% of stocks, with nearly half of Americans owning none at all. And when wealthy people get more money they invest it, which doesnt even help businesses

          1 reply 0 retweets 2 likes
        3. Gaston Marian‏ @gaston_marian 27 Dec 2019
          Replying to @gaston_marian @Aella_Girl

          https://www.nytimes.com/2018/02/08/business/economy/stocks-economy.html …

          0 replies 0 retweets 1 like
        4. End of conversation
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        2. Call_me_hicks‏ @Call_me_hicks 27 Dec 2019
          Replying to @Aella_Girl @WoodFeels

          Well, my company used the massive tax cut to lay off 20,000 people. (It's costs a lot of money to fire people)

          2 replies 0 retweets 1 like
        3. Aella‏Verified account @Aella_Girl 27 Dec 2019
          Replying to @Call_me_hicks @WoodFeels

          :( it shouldn't cost that much money to fire people

          1 reply 0 retweets 0 likes
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