It don't work. If it did, we'd all be richer!
Trickle down economics was created by rich Republicans for rich Republicans.
2006-10-05 12:43:54 · 17 answers · asked by Villain 6 in Politics & Government ➔ Politics
It doesn't trickle down.
Give a business extra money and they will try to find a way to keep it. Either through automation to replace labor, better accountants, lawyers, or lobbyists to keep more tax money.
The 80's saw some of the worst recession since the Great Depression. His economics may have had a chance in 1932 when he graduated, but 1980 was a totally different economic world.
2006-10-05 15:25:53 · answer #1 · answered by Reality 2 · 0⤊ 0⤋
before each little thing, the undesirable aren't any more getting poorer. they are getting richer. you could't look at what being "undesirable" skill at present as against 50 years in the past or perhaps entertain that theory. The "undesirable" would no longer be getting wealthier on the an same cost because the "wealthy", yet, then, to make sure that that to happen you'll could posit that they were generating issues that were efficient at a swifter cost than the "wealthy". it truly is not any longer happening. Wealth isn't some thing that drops out of the sky and then we distribute it to human beings. it really is a few thing you earn by skill of doing issues that others locate efficient. extremely, the only time that the 'wealthy" will be getting richer at a slower cost than the "undesirable" will be in the time of an economic contraction. Does that make all of us sense better suited?
2016-11-26 19:57:44 · answer #2 · answered by ? 4 · 0⤊ 0⤋
How about the fact that it doesn't actually trickle down. It's no secret that the separation between the classes has grown since the days of Reaganomics and other supply side based policies. I can't think of any worse idea than leaving the well being of a people to the hands of corporations and corporate elite. Scandals such as Enron have shown that those who are benefited by supply side policies cannot be entrusted with our futures.
2006-10-05 12:49:21 · answer #3 · answered by Sliver2742 2 · 2⤊ 1⤋
I don't remember any of the rich democrats giving back any of their tax cuts... including the politicians...
The worst aspect I guess is that is screwed EVERYONE who wasn't rich... republicans and democrats alike.
All republicans aren't rich and all democrats aren't ignorant, isn't that right?
2006-10-05 15:31:56 · answer #4 · answered by TOMMYBOY 3 · 1⤊ 1⤋
What did Bush Sr. call it, "voodoo economics"?
The worst thing about it is that its a lie. Not only does it not work, its chief proponents KNOW it doesn't work. They just want to screw the working class and benefit the rich.
2006-10-05 12:47:44 · answer #5 · answered by Skippy 6 · 2⤊ 1⤋
the worst aspect is that it's part of the constant republican propaganda beamed down to the "lesser" voters that gets people to belive that the only way to be patriotic is to stand by the big tough leaders under all circumstaces until we are a facism.
2006-10-05 12:49:17 · answer #6 · answered by Anonymous · 2⤊ 1⤋
It was created by a person suffering from the early stages of Alzheimer's disease.
Everything he did should have an asterisks beside it in the history books.
2006-10-05 12:46:45 · answer #7 · answered by daljack -a girl 7 · 2⤊ 1⤋
nothing trickles down .Everytime they cut one tax they raise another . .
It is all just a magic trick to them .
Some how cutting taxes magicly creates more tax revenue .
I have looked crefully for my tax cut and have never got one .
I went thru the last 10 returns I filled .
2006-10-05 12:49:14 · answer #8 · answered by playtoofast 6 · 1⤊ 1⤋
The "trickle"
2006-10-05 14:30:18 · answer #9 · answered by Anonymous · 2⤊ 0⤋
Reagan was a terrible president,, remember he cut and run from Lebanon in 1983
2006-10-05 12:48:49 · answer #10 · answered by Anonymous · 1⤊ 1⤋