For those that claim that trickle down does NOT work...they are wrong!

[Horse with no Name]

This is my response to the question "Are you doing better now than you were 4 years ago?"

This question is absolutely going to be answered differently depending on what end of the spectrum you are on.

Let me explain.

Some industries were healthier than others 4 years ago...but while some weathered the recession better than others, the damage was inflicted. Cutbacks were made--whether to benefits or salary or hours.

The cutbacks were made in just about all industries--some of course worse than others.

So, while the country is obviously doing better by the leading indicators, the trickle down of the recession is still hurting some of us.

And the corporations today really do not see any need to give back what they took. That is the new business model.

They are making money hand over fist...the people? Not so much.

[Manifestor_of_Light]

1. Nancy Giles said consumers are the job creators.

She said this on the Saturday MHP show, in the same segment where Ms. Mehta was saying that the wealthy are "risk takers" and MHP blew up and said that it was risky to be poor in America.

Supply-side economics of Milton Friedman and the University of Chicago school of Economics are 180 degrees WRONG.

Supply doesn't mean anything. You can have millions of dollars worth of goods and if nobody wants to buy them, you're stuck.

Demand is what drives the economy. However, Reagan's economic advisors insist, in spite of real world evidence to the contrary, that supply is what drives the economy.

[Horse with no Name]

2. Yep.

I see it in the hospital. They have creeped the nurse:patient ratio back up...and dammit we should all be thankful that we have jobs!

Insurance benefits have been strictly limited but hey, at least we all have insurance!

Meanwhile, they are making record profits but they, like just about any corporation, rode the recession bandwagon to whip the proles into fear of losing their jobs so of course...they are "happy" with less. And those are things that will NOT be replaced to match the fact that the recession is over. That is now "just the standard of business".

Kind of like gas prices...oil shoots up--ladders on the gas prices all over the country changing it...gas goes down....not a ladder to be found.

Frogs in a pot and all.