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Reply #4: I call this trickle-up economics... [View All]

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hedgetrimmer Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Aug-17-05 11:04 AM
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4. I call this trickle-up economics...
This is not a new phenomenon, capitalism declares the fact that products need to outweigh salaries. Labor has been the dominating factor in producing goods going back to Egyptian times... To maintain an "upper-class" there must be a large pool of "lower-class" for the trickle-up effect to benefit a minority while the majority are victimized. If the "middle-class" gets to big the "upper-class" loses profits and the "lower-class" rises out of poverty giving a more even playing field. The uber-rich do not like this dynamic thus-by attempting to restore the order to their benefit. Profits gained elsewhere outweigh loses due to energy costs.
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