But poor people *do *provide jobs. Firstly though, I’m going to agree with you, or rather, supportively disagree with you on one thing. “Trickle down” economics is actually a pejorative invented by opponents of supply side economics to criticize it. In reality, no supporter of of supply side economics ever claimed money would “trickle down,” so the very phrase is a straw man. In reality, the argument goes, by reducing capital gains tax (which is admittedly a tax break for the wealthier, since few poor people can afford to do much investing), wealthier people can afford to invest more, increases production, lowers prices, and also leads to lower interest rates. This is the argument for supply side in a nutshell.
On the other hand, there is “demand side” economics, which is how poor people create jobs. It is an established economic fact (which follows from common sense) that if you give a poor person and a rich person each a $1000, that the poor person is going to spend a greater proportion of that money on goods and services, because he has such little money to pay for necessities and luxuries, than the rich person, who will save a portion of it, because he already has most of what he needs. A person who is starving and homeless will spend all of the money on food and shelter (or if you’re a cynic, on booze and cigarettes). Thus, if the government wants to boost aggregate demand and consumption, the best fiscal policy is to give tax breaks or tax credits or other financial benefits to the poorest strata of society to maximize the increase in consumption; when you have greater consumption, you have greater production, and therefore more jobs.
Raskolinkov, give a poor person $1000 and he’ll spend it on goods and services until the money runs out and then he’s back where he started. Give the poor man a job and he’ll spend $1000 of his own money on goods and services regularly. Maintain a strong economy which gives the poor man with his new job a chance for advancement and he’ll end up buying the car, the house, the TV, etc.
So taxing poor people less or givning them other benefits isn’t really socialism, as some claim. Fair or not, it is a valid way to encourage economic growth.
The best benefit for a poor man is a job created by the private sector, not a govt. handout.
The government does in fact provide services, ranging from law enforcement to education to infrastructure development and everywhere in between. How efficiently they do so is a matter for debate, but the claim that the government “doesn’t do anything” is nonsense. It does many things. There are many things it does that are superfluous, and sometimes it interferes in ways that are economically inefficient (such as tariffs), but we still need it for some things, it it is still (believe it or not) preferable to private business in some sectors of the economy.
The matter is pretty much settled: govt is inefficient because there is no incentive to be efficient! As long as the bureaucracy keeps getting fed, it will grow and grow, and the problem or issue it was created to deal with will keep getting worse. Dept. of Education? How is Johnny doing now after decades of federal govt funding of education? Dept. of Energy? How is our energy situation now after decades? They need to be abolished.
As LCMS_No_More wrote, not all liberals support abortion, and the equation of the two is unfair. Why can’t someone support, say, reducing military expenditure, support Keynesian economic policies, support gun control, all belliefs which would make one a liberal, and at the same time be pro-life? What do any of these issues have to do with one another? Personally, I don’t consider myself a liberal; but I honestly don’t see why one couldn’t be even a democratic socialist and still be pro-life and a good catholic.
Liberals overwhelmingly support abortion rights. Where have you been? If your imagined “pro-life” liberal votes for Barbara Boxer or Nancy Pelosi (or just about any Democrat for that matter) then they are effectively pro-abortion rights. When have liberals and conservatives not had disdain for each other? Which came first, the chicken or the egg?