How do you explain trickle down economics?
Thursday, September 8th, 2011 at
4:02 am
I think Colbert summed it up pretty well.
http://www.colbertnation.com/the-colbert-report-videos/341489/july-28-2010/7-28-10-in–60-seconds
Independent.
You drink a beer, it goes through the system and “trickles down”
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Better yet…….How do you explain trickle up economics?
Mink coats don’t trickle down, they just shed.
Voodoo economics doesn’t work. After THREE tax cuts to the rich, Bush had the WORST job creation record of ANY modern full-term president. Read the Wall Street Journal:
http://blogs.wsj.com/economics/2009/01/09/bush-on-jobs-the-worst-track-record-on-record/
Colbert is a genius.
It’s the rich pissing on the American people. Republicans apparently like golden showers.
I think Colbert explains it about as well as anyone. 8^)
All the previous proponents of Reaganomics have changed their minds. Milton Friedman won a Nobel Prize for his supply side theories, but he’s abandoned them, admitted they don’t work. Arthur Laffer has sworn he didn’t come up with the Laffer Curve, and it never worked. David Stockman is busy these days writing op-ed pieces distancing himself from Reagan trickle-down economics. Apparently the only people who believe in it are the millionaires fighting to keep their big tax breaks.
He did a good job explaining it and it works just as well
Easy: “You can’t get a job from a poor person.” That’s how it works.
That’s it — one simple, painful (for liberals) truth to live by.
It all starts with a Bud Light Lime.
LOL