H
Hastrman
Guest
So in every thread about economics that comes up here, pretty much one whole half of the forum (which is left as an exercise for the reader) offers a false dichotomy. Namely,
That is debatable, but why don’t people debate it? I’m sure its opponents could find some statistics to oppose that view, just as its proponents find stats to support it. Why do they insist on attacking the strawman of “cutting programs for the poor”, while begging the question “Do those programs actually help the poor?”
Oh, and if you’re planning to utter the phrase “trickle-down economics”, don’t bother. The economist Thomas Sowell has already revealed that to be a caricature, here. From the article:
Now seriously. Other than complete wackjobs like Ayn Rand, nobody is suggesting that. The foundation of economic conservatism is the idea that a free market, low taxes, minimal regulation, is better for the poor.Either we have a massive bureaucratic welfare state or the poor die in the gutter.
That is debatable, but why don’t people debate it? I’m sure its opponents could find some statistics to oppose that view, just as its proponents find stats to support it. Why do they insist on attacking the strawman of “cutting programs for the poor”, while begging the question “Do those programs actually help the poor?”
Oh, and if you’re planning to utter the phrase “trickle-down economics”, don’t bother. The economist Thomas Sowell has already revealed that to be a caricature, here. From the article:
Those who imagine that profits first benefit business owners—and that benefits only belatedly trickle down to workers – have the sequence completely backward. When an investment is made, whether to build a railroad or to open a new restaurant, the first money is spent hiring people to do the work. Without that, nothing happens.
If all you ever do is attack strawmen, it makes you look weak.Money goes out first to pay expenses first and then comes back as profits later—if at all. The high rate of failure of new businesses makes painfully clear that there is nothing inevitable about the money coming back.