June 17, 2018

Word: The failure of trickle down economics

Robert Reich  - More evidence of the failure of trickle-down economics: 
1) Hourly earnings are down, adjusted for inflation.
2) Corporations have pumped billions into stock buybacks.
3) The deficit is up 66% from last year.
4) Wall St. profits have soared.

1 comment:

Tom Puckett said...

My go-to quote on TDE from Fletcher in the movie The Outlaw Josey Wales (1976):

Senator: The war's over. Our side won the war. Now we must busy ourselves winning the peace. And Fletcher, there's an old saying: To the victors belong the spoils.

Fletcher: There's another old saying, Senator: Don't piss down my back and tell me it's raining.

"Now I must go and do as nature intended..." --Luc, French Kiss (1995)

Cheers and Happy Father's Day, Tom