Trickle Down Economics - My Experience
The idea of trickle down economics is pretty simple. The idea is that you give a tax cut to corporations, and that will increase its profits. Those profits are then invested back in to the corporation and create jobs for normal, every day people. On the surface, it sounds like a pretty good idea, right?
Let me tell you a little about me. I am the son of a corporate executive. I won’t say which company, because I’m going to expose it here in a minute, and frankly, my dad might be pissed at me.
I would bet at least a million dollars, that my father is worth more then all the big time, regular posters on this forum all together. If I bet that out of my future inheritance, I would still be worth a lot. My family has had the wealth for several generations.
Now that I’m out and going to school, with my father’s permission, I sit in on board meetings. You wouldn’t believe how much of this corporate money is just wasted. I mean these guys plan lavish trips with corporate funds. They buy corporate jets when they already have a few to begin with. They pay themselves huge salaries, and it’s unbelievable. They spoil themselves.
After I was functional after being hurt in Sadhr city, and could move around on my own. My dad had them approve funding for me so I could go on R&R with my girlfriend in Rome and Paris. My father even joined us, and we splurged like hell. We spent tens of thousands of dollars there.
Do you know why they do this? They only have to have small sustainable growth every year to draw investors to buy stock, which they own. If they have five percent growth every year, people will buy their stock like crazy and raise the price of the stock. Most of these executives own HUGE amounts of stocks so they profit more when their stock rises. Where does money from investors go? It goes to pay for these big trips and jets and things that they use without having to pay a dime of their own money.
Also when they go on these trips and stuff, it doesn't hurt their wallets, and these tax cuts give them more money to play with.
People are going to ask me why I joined the army if my dad was so wealthy, so I’ll get that over with. Then I’ll get back to the point.
After September 11th, 2001, my eldest brother decided to follow a tradition in my family. You can trace my families service back to the revolution, and in that wave of patriotism, he decided to get an education at west point. He graduated in 2006. My other brother followed him and graduates this year. After I finished high school, in 2005, I didn’t have the grades for a military education so I joined the army.
I went through Basic Training, Sniper training and all that other training, before landing in Baghdad in 2007. On October 28th, 2006, while fighting in Sadr city, I was in a humvee. My observer and I were attached to a unit heading in to the fight. We ran in to enemy small arms fire, my observer and I rushed in to a nearby building and to the roof where I unpacked my M107, and provided sniper support. After the fight had ended, I went back down to the ground and got back in the humvee. After the humvee started to roll forward, an RPG blast hit my side of the humvee. It dented my door in five feet. I was lucky, I lived. The force of the metal collapsing in around me, was immense. I shattered my leg, fractured my pelvis, two ribs, my shoulder, my arm, my skull and nearly lost my foot at the ankle, it was literally hanging on by a few tendons. I also ruptured my spleen, and had immense intestinal bleeding.
The next eleven months were hell.