I wouldn't say it's completely fail but obviously it hasn't been working lately, its time to pull new levers for new results.
Trickle down theory is a failure.
It's time to try Trickle Up.
Supply side economics has failed.
Its time to try demand side economics.
Where is the money to "trickle up" going to come from?
Where was the trickle down or supply side economics money coming from?
Can you not answer the question?
He did, you just don't like his answer.
No he didn't, he deflected.
So 30 years later you don't like it? Funny, we all enjoyed in the 80's, 90's and 2000's. A bubble-burst in the housing market makes everyone all of a sudden hate the tax breaks for the upper and middle classes.
No, offshoring money, outsourcing during record profits, insider trading, back room deals, etc etc etc and we don't like it.
So 30 years later you don't like it? Funny, we all enjoyed in the 80's, 90's and 2000's. A bubble-burst in the housing market makes everyone all of a sudden hate the tax breaks for the upper and middle classes.
I wouldn't say it's completely fail but obviously it hasn't been working lately, its time to pull new levers for new results.
That has nothing at all to do with tax rates.
Uh, we didn't enjoy it.
We did enjoy some good times like when Reagan allowed the savings and loans to recklessly lend a ton of money. We didn't enjoy bailing them out. etc etc
Where is the money to "trickle up" going to come from?
Actually it has everything to do with it. The same people getting filthy rich doing the stuff I listed are asking for these tax breaks and, gasp, government provided economic benefits....and none of that money is flowing downhill like it was supposed to.
"The term has been attributed to humorist Will Rogers, who said during the Great Depression that "money was all appropriated for the top in hopes that it would trickle down to the needy"
So our party took a joke told during the Depression, pointing out that the wealthy would never send money downhill unless forced to, and turned it into economic policy. This is what I keep telling you man, our party is betraying this country. What they are doing is treason.
Follow the German Model of empowering unions/workers.
So you think none of the money and jobs going overseas had anything to do with the massive demand we had back in the 70's and 80's for imported cheap cars and electronics?
I have no problem with that. Let's make everything we can here. Who's gonna buy it? When is America gonna get it's pride back and pay a little extra for that Mad In USA label?
Trickle down theory is a failure.
It's time to try Trickle Up.
Supply side economics has failed.
Its time to try demand side economics.