The "trickle down" effect

iVillage Member
Registered: 10-13-2008
The "trickle down" effect
21
Thu, 10-16-2008 - 7:49pm

Lot's of stuff

iVillage Member
Registered: 10-09-2008
Thu, 10-16-2008 - 11:54pm

I'm not sure that wages can be controlled by corporations. It's a free market, wages are not government controlled, yet.


I think a lot of times politicians make claims about what they are going to do without realizing what the unintended consequences will be.


What if company A said to hell with profits and the shareholders, we are going to limit CEO pay to $1 million a year and increase the pay of all our workers making less than a certain amount by $20k a year? That would be great, wouldn't it? Or would it?


Anyone have any thoughts on how things might pan out for that company?

iVillage Member
Registered: 09-26-2008
Fri, 10-17-2008 - 1:12am
Nope - and none of this "spread the wealth" crap would have ever gotten started if
iVillage Member
Registered: 10-25-2006
Fri, 10-17-2008 - 1:22am

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Yeah...tell that to the hundreds of thousands that lost their jobs in the past few months.

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http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 10-25-2006
Fri, 10-17-2008 - 2:08am

You're right, they did both vote for the bailout bill, and I was not pleased with that.

But they are not both proposing to allow the exclusion of $10 MILLION from estate taxes--only McCain is.

And they are not both proposing $52 billion in tax cuts that will primarily benefit the wealthy--only McCain is.

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http://www.pnhp.org/news/2009/october/meet_the_new_health_.php

http://www.youtube.com/watch?v=DQTBYQlQ7yM

iVillage Member
Registered: 10-14-2008
Fri, 10-17-2008 - 8:02am
Barack Obama "did well" because his books started selling well. That's all. It's not as if the Bush economic policies per se made him wealthy, or even allowed him to keep a much-larger portion of his wealth than would otherwise have been the case. That's true in virtually ANY economy: make a product or write a book or a piece of software that everyone either needs or wants, and you will become wealthy, quickly, as long as you patent or copyright your intellectual property and are sharp enough to know how to get it distributed. But to credit Obama's recent surge in income to the Bush economic policies is a bit farfetched.

iVillage Member
Registered: 10-08-2008
Fri, 10-17-2008 - 9:31am

Using the barometer that healthy businesses do supply jobs and when they're not healthy, they don't supply as many, that's understandable in the trickle down department.

iVillage Member
Registered: 09-08-2008
Fri, 10-17-2008 - 9:52am

You cannot reverse the trickle formula,

iVillage Member
Registered: 10-08-2008
Fri, 10-17-2008 - 10:00am

I couldn't access your survival/monkey site to see what survival monkey posters or articles

iVillage Member
Registered: 10-14-2008
Fri, 10-17-2008 - 10:05am

iVillage Member
Registered: 09-08-2008
Fri, 10-17-2008 - 10:25am