collapse

* Recent Posts

Incoming freshmen by jficke13
[Today at 12:06:35 PM]


2024 Mock Drafts by MU82
[Today at 08:19:01 AM]


Recruiting as of 5/15/24 by Hards Alumni
[Today at 06:23:42 AM]

Please Register - It's FREE!

The absolute only thing required for this FREE registration is a valid e-mail address.  We keep all your information confidential and will NEVER give or sell it to anyone else.
Login to get rid of this box (and ads) , or register NOW!


Author Topic: Trickle down economics proven not to work  (Read 989 times)


lawdog77

  • All American
  • *****
  • Posts: 2568
Re: Trickle down economics proven not to work
« Reply #1 on: December 17, 2020, 02:45:42 PM »
In before the lock

The Hippie Satan of Hyperbole

  • All American
  • *****
  • Posts: 12114
  • “Good lord, you are an idiot.” - real chili 83
Re: Trickle down economics proven not to work
« Reply #2 on: December 17, 2020, 02:54:24 PM »
"Per capita gross domestic product and unemployment rates were nearly identical after five years in countries that slashed taxes on the rich and in those that didn't, the study found.

But the analysis discovered one major change: The incomes of the rich grew much faster in countries where tax rates were lowered. Instead of trickling down to the middle class, tax cuts for the rich may not accomplish much more than help the rich keep more of their riches and exacerbate income inequality, the research indicates."


Gosh, I wonder what their primary motivation was???  It's a mystery.
“True patriotism hates injustice in its own land more than anywhere else.” - Clarence Darrow

Galway Eagle

  • All American
  • *****
  • Posts: 10479
Re: Trickle down economics proven not to work
« Reply #3 on: December 17, 2020, 02:58:11 PM »
gdp and unemployment? They need to focus on how the stock market did
Maigh Eo for Sam