Trickle down vs Trickle up...

Of course there must be a market. That’s the responsibility of each respective business to determine based on the reduced prices.

 

I do have a question. Why would anyone post links that don’t support their position ??

 

Exactly - production funds demand/consumption.

 

The cost per capita for healthcare is about the same for Canada and the United States, yet the waiting times to receive healthcare is far higher than the United States.

So, between Canada and the United States, they spend about the same, yet Canada's wait times to receive healthcare are way longer.

In conclusion, single payer healthcare sucks.

 

And in Canada the medical equipment waited for is often obsolete.

 

What you think doesn't match what reality is...

• The top 1% of income earners pay 40% of the Federal income taxes.
• The top 10% of income earners pay 70% of the Federal income taxes.
• The top 50% of income earners pay 97% of the Federal income taxes.
• The bottom 50% of income earners pay less than 3% of the Federal income taxes.

https://www.ntu.org/foundation/page/who-pays-income-taxes

And the new GOP tax bill does give the middleclass a "real" tax cut.

• ALL tax brackets were lowered.
• The standard deduction was doubled.
• The child tax credit was doubled.
• The minimum taxable income level was raised (which means more lower income people won't have to pay any taxes).

 

Okay lets understand something first it aint free, someone is going to have to bear the cost of that single payer system Government whatever you might wish to believe other wise isn't magic. The same people still have to make money or donuts or whatever. And the people bearing that cost is going to be your boss through his taxes and you through your taxes no one is going to have any damn extra money. All you've done is change the name on the chief administrator's door. And probably created a whole crap load of unintended consequences that will come back and bite you in the ass.

 

Possibly. But there can be no wealth without production.

 

Wow! Looks like you're really into intellectual masturbation.

 

They'll have to if they want to survive. The bread is just an added bonus.

 

And what "position" might that be?

 

Don't you wish you knew what you were talking about?

 

Definitely. And this applies to both options. Whether it's increasing the purchasing power of the middle class and poor, or the purchasing power of the rich.

For example, if this were through a single-payer healthcare system (just an example), along with the increase in GDP the "unintended consequence" would be that people live longer, happier, healthier... and that the overall per-capita expenditure goes down to levels closer to those of the rest of the industrialized nations in the world. If it's tax cuts for the rich the "unintended consequences" would be a deficit increase.

 

your conjecture is unproven. And your original premise was utter bullocks. The unintended consequences in Britain were ambulance stocking yuyu

 

"Unproven"? God... man! This is an opinion forum. Which means that everything we submit here is technically unproven. But the fact that the opposing side is incapable of rebutting it, or even submitting any real arguments whatsoever against it, gives it quite a bit of credibility.

 

There’s no sense wasting time rebutting an absurdity from anyone who does not understand economics.

 

pathetic

 

Let me phrase this even more clearly the rich do not grow at the expensense of the Middle class nor can the Middle class grow at the expense of the Rich the relationship is symbiotic not parasitic. You cannot have one without the other.

 

Yes, wealth creation and income are not zero sum “games”.

 

No idea what you're talking about. That has nothing to do with the scenario we are discussing.

 

How do you know that a single-payer system would cause people to live longer, happier, and healthier?

 

Gee...i don't know. Does having decent healthcare make people live longer?

 

How do you know that single payer healthcare would be more "decent" than the alternatives?

 

You guys talk about wealth creation a lot.

What exactly do you mean by that?

Are you talking about wealth accumulation?

 

That's an interesting question. It probably deserves it's own thread. My sense is that a single payer system would be VERY good for the bulk of the population because it would provide healthcare to everyone. Do you disagree with that?