Drunkenomics - The Story of Bar Stool Economics

The Short Story of

Drunkenomics

A typical industrial town

Meet our Heroes and also good ole’ buddies

Businessman

WorkerExecutive

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They drink and make merry enjoying their Boys Day Out Party, EVERYDAY!!!

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Their daily tab hovers around $100which they always share “fairly”

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They split the tab the way they pay taxesBiz guy pays $67, Exec pays $33 & Worker $0

$33$67 $0

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and manage to find their way back home (always with hearty laughter & heavy swagger)

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Until One Day …

When the Barman announces a $20 discountas a goodwill gesture to his loyal customers

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They decide to split the $20 discount in the same “ratio” as how they split the tab

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Biz guy pays $14 less & the Exec pays $6 lesswith the Worker, as usual, paying Zilch

$33$27

$67$53

$0$0

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and walk awayexploring their druken mathematics

$0

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Drunken realization

Why do I get only $6 of $20

discount?

Why did I get nothing of the $20 discount ?

They “zero in” on the anti-hero( a scape goat can always be found )

The rich guy got 50% more than

what I got !And I got

nothing out of the $20 !

And beat the Biz guy senseless

You scheming thief!

@#(*&#$(You exploiter of

the poor!@#(*&$@#(*&$

The next day …

Our two friends go to the bar(the businessman not joining them henceforth)

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And enjoy their usual roundscomplete with their daily cheer & merry

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When the tab ($67) for the two is presented…

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THEY GET BUSTEDTheir normal contribution of $33 doesn’t even

cover half the tab anymore

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AND THAT,

Ladies & Gentlemen,Boys & Girls,Journalists & Professors,IS HOW

OUR TAXATION

AND TAX CUTS

WORK !

People who pay

the highest taxes,

benefit the most

from tax cuts

Drunkenomics = Drunken + Economics

Leaving you permanently short of your tab

If you ignore this “drunkenomics” and

attack them for being wealthy,

they might start drinking

overseas where the atmosphere is friendlierV

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