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Re:A Tech-Driven Boom Is Coming; Please Be Patient by maxxxxx on Thursday December 28, 2017 @11:44AM (#16023115)
The money will soon start to trickle down from the top 1% especially with the latest tax cuts. Be patient just a little more.
Re:A Tech-Driven Boom Is Coming; Please Be Patient by saas_co_de on Thursday December 28, 2017 @12:44PM (#16023497)
Money does trickle down but what it trickles down onto is a determining factor in economic growth.

When rich people put their money into employing people for non-productive servant type jobs, welfare for people (to not work), loans for people to go to college (to not work, at least in the short term), hand outs for their children and family members (to not work) then the end result is a lot of people not working and a lot fewer things being produced by the people who do work.

If a rich person buys a yacht or a private plane or a hundred million dollar mansion, that creates economic activity (people have to build that stuff) but it does not have the same secondary economic impact as investing that money into a factory, basic infrastructure, R&D, or some other productive use.

Money is trickling down, but far too much of it seems to be trickling down to a non-productive servant class and non-productive veblen goods.

Re:A Tech-Driven Boom Is Coming; Please Be Patient by DougWebb on Thursday December 28, 2017 @11:48AM (#16023142)
Sarcastic, or do you have some reason to believe that'll actually happen this time?
Re:A Tech-Driven Boom Is Coming; Please Be Patient by pm90 on Thursday December 28, 2017 @12:43PM (#16023492)
It will NOT happen. It has never happened that way, and there is nothing especially unique or different about the economy today that would make it happen.
Re:A Tech-Driven Boom Is Coming; Please Be Patient by maxxxxx on Thursday December 28, 2017 @06:46PM (#16026189)
I could say if this tax cut doesn't help we'll just do another and then paradise for all starts. But that would be too sarcastic.
Re:A Tech-Driven Boom Is Coming; Please Be Patient by 0xdeadbeefbabe on Thursday December 28, 2017 @11:56AM (#16023189)
Comrade maxxx is secretly hoping you don't want to be patient.
Re:A Tech-Driven Boom Is Coming; Please Be Patient by maxxxxx on Thursday December 28, 2017 @02:06PM (#16024089)
I think I need to clarify that I was sarcastic. Nothing will trickle down.