“The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow’s hands.”-Will Rogers
As usual Will Rogers was right:Appropriating the money for the rich and corporations keeps the money in the hands and bank accounts of the rich.Investing in the middle class can grow the economy on all levels but the money still eventually ends up in the hands and bank accounts of the rich, because wealth doesn’t trickle down, it really flows up.
Whether you call it “reaganomics”, “supply side economics”, “trickle down” or any other name the conservatives and the plutocrats, oligarchs and corporatists have been pushing the trickle down scam for a long time.
Trickle down economics, whether employed by Bush, Reagan, Hoover or anyone else has ALWAYS been a tool for redistributing wealth from the middle and the bottom to the top.
Where are all the birthers now?Do they think Calgary, Alberta, Canada is part of the United States more than Hawaii is?Or do they just think the rules don’t apply for those who agree more with their own personal ideology?Or does it matter that the son of an American mother and a Kenyan father has more melanin than the son of an American mother and a Cuban Father?Or more likely is it a combination of these reasons?
Freedom isn’t Free anymore. They just filed for bankruptcy.
That’s the corporate way;Privatized Profits and Socialized Losses.