Ok I'm here to give an arguement as to why Democrat economics are better for everybody. Its a very simple arguement really but very few democrats make it, I don't know why. Most democrats will use the "its for the greater good" arguement. That doesn't fly with the wealthy. They don't care about whats good for everyone, they just see their money going away.
The basic term people us is that Democratic economics is from the "bottom up". Democrats focus on giving the lower, middle class the most tax breaks, trying to get more money in the pockets of MOST americas. They counterbalance this by increasing taxes on the wealthiest 1.5%. So its easy to see why its good for the other 98.5%..they have more money, which means they have more to spend. So why is this good for the 1.5%? Well lets think about who this percentage generally is. I'd say most of them are wealthy buisness people. So how do they benefit? Well if the other 98.5% has extra money what will they do with it? Why spend it of course. And who are they buying the products from? If you guessed the 1.5%, your exactly right.
You see those 1.5% aren't going to end up on the street, they are going to get their money given back to them by everyone else buying their products. This is better for the country as well because more money in people pockets means more sales and a stronger economy. It creates jobs because more people buying products means more people needed to serve them. Now republicans will counter this by saying the wealthy can't afford to hire more people because the taxes ar ehigher. The problem with that arguement is the sales are also higher, meaning they are making more money than before. In the end it balances out and everyone is happy.
Now the Republican theory plays out in the opposite direction. They use "trickle down" economics. The theory behind this is, they put more money in the hands of the wealthy. The wealthy then use this money to hire more workers, or pay their current workers more. This way also everyone is happy but the difference that republicans makea big deal out of is that the people had to work for their money, it wasn't a handout. Although it was a handout for the rich guys but, hey whos paying attention to that.
Now I'm going to tell you why this one doesn't work as well in the real world. The wealthy have either been hoarding their money or making bad investments with it (as seen with the crisis on Wall Street). And not just that the past few years companys have been outsourcing and engaging in a practice called industrial flight. For those of you who don't know what that is, its when a company moves its production sites overseas to get cheap labor. Everyones heard of outsourcing but industrial flights a little bit more obscure. This enables the companys to get cheap labor BUT all of their American workers get fired and that money that was supposed to "trickle down" gets sent overseas.
You don't have to believe me on this you can try an experiment for yourself. Go find a blue collar worker and give him $100, then find Bill gates and give him the same. Then see what each of them does with it. The worker will of course go buy something or pay some bills. Bill Gates will likely not even take it, because $100 is nothing to him or since Bill gates is a pretty generous guy he might give it to that blue collar worker. In any case it will be the worker whos quickest to spend it.
Well thats about it. This could have been written better, but its a good start. These are the kind of arguements that should be out there. Not just crys of "Greater good!" to repsonses of "That's Socialism!!!!!!" or "Trickle Down!" to repsonses of "More money for the fatcats!". I'd love some people to add to this arguement, people from both sides. Lets get some real arguements out here. I'm of particular interest to find a Republican who can argue something other than the democratic model is socialism, because I've yet to find one.