Yes trickle down works that is reality. The better question is if you don’t believe it works state why.
Correct in that you cannot pay them more for the same work in the cost model…BUT you can give them a BONUS as a results of increased profitability.
WRONG and I mean REALLY WRONG and not because its just a LibTard talking point which it is but because its not true…TODAY! I can automate processes and do it in days not years, I can buy new and imporved machinery and do it in days not years. I used to own a welding and metal fabrication company as business grew I went and bought new larger capacity welders, then a Plasma Cutter. Went from working with ¼ steel to ½ in, then my next buy we could work with ¾ in, each buy incrased ability and productivity and time to implement was make the buy at my local AirGas Welding Supply, they got delivered that day and we were working better, faster then not years or even months or weeks later.
Again WRONG, REALLY REALLY WRONG: This year my company closed out its 3rd quarter with sales that exceeded last years annual gross sales. So I paid myself a bonus and went and bought a new straw cowboy hat, cost was $160 for that Stetson. I just took bonus money that came from incrased sales and profits and bought a product and while in the big scheme of things a $160 buck hat is not much, but then that is why its called TRICKLE DOWN.
Here is the take away. When I or you purchase goods and services at an increased rate the economy grows. Did I REALLY need that hat, well no, I have a wall full to be honest, but it was time for a new one and I had been looking for sometime and just not found what I wanted. My bonus prompted me to look a bit harder and I found the style I wanted and bought it putting an extra $160 into the owners pocket with some of it being shared with the guy who worked there and sold me the hat.
This always begs the question as to why give the extra money to the middle class and the rich. Because the money not only trickles down, it does so further. Now lets say my very little manufacturing company was a big Fortune 500 company and my bonus was $10 Million, I take he $10 Large and buy a $1M boat, a $1M car at the Barrett Jackson Auction in Scottsdale, peel off $1M for the wife who buys jewelry and clothes, do a $1M remodel and buy a $1m Lake home in another state. The last $5M I put in my IRA.
Now just add up all the people involved who participated in the first $5M we spent, lot of people impacted and I even hired one Full Time to take care of my new car and my other cars in my 24 car garage. LOTS of people just got additional income to spend. The guy selling me the car got a $25,000 bonus and he spent it on stuff and it keeps rolling down.
But what about the poor. Well the money never arrives at least not in todays society where the poor are anything but poor. They are taken care of by the govt, all 98 MILLION of them. They don’t get a bonus or extra money because they do NOT participate in the capitalist process, meaning they are not involved in the good and services side of the market. They live in a world of socialism and on Uncle Sam’s Plantation. Best thing we could do in America is to take them off the taxpayers dole and let them enter into the market place as consumers and workers…but communism socialism has America in its grips with no intention of letting go until everyone is on the Free gravy train…