Wednesday, February 18, 2015

Bud Meyers — Timeline: Trickle-Down Economics Explained (for Beginners)

Is it passive aggression? Is it cruel antagonism? Is it overt animosity? Is it open hostility, bordering on outright hate? Or it's much less evil that; maybe it's just apathy, ignorance or indifference. Maybe it's just selfish inconsideration. But how can one ever know for sure? I'm talking about those who have political agendas that advocate for policies and laws that consistently and seriously harm millions of real living people. Not only do they promote these type of ideas, but they use deception and lies to manipulate the masses and hide their true intentions. I'm not talking about third-world dictators, but politicians in America, working on behalf of plutocrats.…
GDP per capita regardless of distribution.
The term had been first 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."
A bit heavily anti-GOP considering the record of the Third Way New Democrats that own the party establishment. But if the McKinley and Reagan are compared with FDR it holds to a greater degree.

1 comment:

mmcosker said...

A lot of it seems to be based on ignorance by politicians on both sides of the aisle - IMO pretty equally. They create policies based on the fallacy of composition, and have no clue how fiat currency works. Just look across the pond at the Euro, which is a perfect example of flawed policy in practice on a huge scale.