Trickle

By
Real Estate Agent with Century 21, The Real Estate Centre, 410-665-0200 Office 634480

Trickle

 

Although consumer spending may be high during this coming holiday season, the traffic in malls is expected to be at a trickle due to more people making their purchases online.

 

As is typically the case during the colder months, real estate is expected to be at a trickle, but should increase back to normal when the spring thaw arrives.

 

Note the use of the word trickle in these sentences.  You probably already know the definition of the word trickle, but even if you did not, you could probably determine its meaning by the context of its use in the sentences.

 

Trickle means little by little.

 

Now take the term “Trickle-Down Economics” and think of what it is supposed to mean.

 

Those who believe in this economic theory suggest that it will result in a healthier economy.  In this theory, taxes are reduced on corporations and on the wealthiest individuals, with the idea that they will invest that money into the growth of the economy, hence, making the economy flourish and, hence, making everyone in the economy benefit.

 

However, over the last 4 to 5 decades that this theory has been in practice, it is undeniable that the percentage of people who are considered to be poor has increased, the wealth of the middle class has not increased nearly as much as the growth of wealth in the economy, and the percentage of wealth to the rich, which is a very small percentage of the overall population, has increased exponentially.

 

In other words, as the phrase Trickle-Down Economics should have suggested, it is a “Trickle” of wealth that is coming down to the middle class.

 

This is just a trickling thought.

Comments (4)

Kathryn Sparks
Zenith Realty - Baltimore, MD

Ron,

In the latest tax reduction, the corporations used the majority of the tax cut to buy back stocks, which made the stock market go up in value, which is satisfying in the short term, but did not invest in new equipment and training of workers, which is potentially detrimental for the future.

Nov 24, 2019 10:55 AM
Karen Krzniak
Zenith Realty - Towson, MD

Ron,

A paradigm shift in government thinking is needed whereby it acts like a government of the people, by the people, and for the people, instead of a government that is of the corporations, by the corporations, and for the corporations.

Nov 24, 2019 10:59 AM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Amzn online stores has changed the people consumers behave. Macy will be out of business sooner than most people know. Sad. Go with the flow.

 

Nov 24, 2019 11:28 AM
Sheila Anderson
Referral Group Incorporated - East Brunswick, NJ
The Real Estate Whisperer Who Listens 732-715-1133

Good morning Ron. This is interesting and good. I originally read the title as Tickle so I was surprided. Have a great day.     

Nov 24, 2019 11:37 AM