Political and religious commentary from a liberal, secular, humanistic perspective.
Monday, January 15, 2018
More on the "Trickle-Down" Theory
The Trickle-Down theory, which says the government needs to cut taxes on the rich so they can use the money saved to grow their businesses, hire more people and provide their employees with larger salaries, etc., does not work.
In spite of Ronald Reagan, our "Alzheimic president", who loved to promote the theory, it has never worked but has always proven to be a means of enriching the wealthy and screwing the poor.
And no matter what our current ignorant, stupid, serial liar, sexual predator president says, it will always remain a failed promise, due to the nature of the human animal and the capitalistic system.
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1 comment:
And the Reagan school of economics will never admit it.
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