Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

JHB

(37,157 posts)
20. The whole analogy is based on the rich guy being the guy who really runs the show...
Tue Sep 18, 2012, 08:05 AM
Sep 2012

...the whole "engine of the economy" thing.

The financial guys aren't they engine, they're the lube system. When functioning properly, they are the oil and grease that lets all the parts move freely to do what they are supposed to without excessive wear and tear. A really good system also regularly clears away old oil and grease so that it doesn't gunk up, but still, it's not the engine.

What we have is a dysfunctional system that thinks it is successful if collects as much oil and grease as possible in one spot; that's what its incentives are. And to do that, it strips as much as it can from every other place, and is ever more stingy at parceling out any. So all the parts wear more and break down faster.

And the lube system that thinks it's an engine does nothing but complain about how run down the other parts are and they need to work harder if they want any oil & grease.

Taxes are not a consumable product. Arctic Dave Sep 2012 #1
In the real world the benefits of the civil society we create by paying taxes tk2kewl Sep 2012 #2
Well, it's fair because Confusious Sep 2012 #3
Assholes only look at the progressive federal tax bhikkhu Sep 2012 #4
it's a good parable alright Courtesy Flush Sep 2012 #5
Look at the guy who owns the newspaper that printed the topless pics of Kate. dkf Sep 2012 #6
First off, the tenth guy is an alcoholic krispos42 Sep 2012 #7
I'd say that 10 guys drinking $100 worth of beer a day are drunken sods. Tigress DEM Sep 2012 #8
It's been posted on DU several times before, so start here Emit Sep 2012 #9
Take your shit and get out richie rich. See how friendly those other countries are to you when you lonestarnot Sep 2012 #10
As a tax story, it sucks. cognoscere Sep 2012 #11
Because the rich have more to lose. Do they think if anarchy breaks out we're going to JaneyVee Sep 2012 #12
This won't work because Dyedinthewoolliberal Sep 2012 #13
As if our tax code were this simple. Barack_America Sep 2012 #14
suppose ten people read an analogy hfojvt Sep 2012 #15
Thanks everyone, I appreciate it. eom TransitJohn Sep 2012 #16
Well why shouldn't the one who drank the entire beer pay more for it? lunatica Sep 2012 #17
The top 1% have 35% of the wealth; the bottom 50% have 1% of the wealth gollygee Sep 2012 #18
Best explanation of trickle down economics I've ever heard. yends21012 Sep 2012 #19
The whole analogy is based on the rich guy being the guy who really runs the show... JHB Sep 2012 #20
I like the engine analogy yends21012 Sep 2012 #22
Everybody pays taxes. Viking12 Sep 2012 #21
Message auto-removed Name removed Nov 2013 #23
Ayn Rand was a hack. nt cyberswede Nov 2013 #24
The 1% are prosperous because we bailed them out. CJCRANE Nov 2013 #25
Latest Discussions»General Discussion»I need a good rebuttal fo...»Reply #20