When did trickle down become anything but a poor analogy for a cutting taxes. Money trickles up not down from investment and spending. I feel bad for this man. The fact that he can not see that pumping an asset bubble transfers money from the middle class to the poor. Real wages after WW2 went up for many reasons. Being the worlds largest oil producer, becoming the world $, having an industrial monopoly etc. Once these advantages went away the realities of that economic model were apparent.
"We've attacked over the years, business regulation, minimum wage, defined benefit pensions, progressive tax policy, government oversight, of course we attacked unions, and the results have been stunning."
What's stunning, is the bullsh*t coming out of his mouth.
He is the only one who make sense. Speaking to general American person. It is not about how smart say you are but how much people understand what you are saying ...
When did trickle down become anything but a poor analogy for a cutting taxes. Money trickles up not down from investment and spending. I feel bad for this man. The fact that he can not see that pumping an asset bubble transfers money from the middle class to the poor. Real wages after WW2 went up for many reasons. Being the worlds largest oil producer, becoming the world $, having an industrial monopoly etc. Once these advantages went away the realities of that economic model were apparent.
EasyEs 1 month ago
"We've attacked over the years, business regulation, minimum wage, defined benefit pensions, progressive tax policy, government oversight, of course we attacked unions, and the results have been stunning."
What's stunning, is the bullsh*t coming out of his mouth.
myhipsi 1 year ago
He is the only one who make sense. Speaking to general American person. It is not about how smart say you are but how much people understand what you are saying ...
isiah31004 2 years ago
He's sweating so much because he is trying to sell snake oil to people who are smarter than him.
themadcookieman 2 years ago 2
Why is he sweating so much??
dahack31 2 years ago