The top tax rate for most wealthy Americans happened in the 40's with 94% when the nation saw it's peak in it's economy and employment rate. Trickle-down economics don't work.
Showing posts with label trickle down economics. Show all posts
Showing posts with label trickle down economics. Show all posts
Monday, July 4, 2011
Tuesday, June 14, 2011
Things I Hate: Trickle Down Economics
The economic theory made popular by people like Ronald Reagan assumes that people would be better off with more tax breaks and deregualtion for the rich.
Which I think is bullshit when you got companies who'll do anything for a profit. They'll shit on customers, they'll shit on workers, and they'll fuck everyone in the ass to benefit themselves.
It's also one of the reasons why some people vote Republican. How the poor and uneducated are tricked so easily.
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