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Derided by critics, trickle-down economics gets another try; Not This Mierda Again!
Topic Started: Nov 18 2017, 03:33 AM (93 Views)
Che On The Rocks

Quote:
 
By PAUL WISEMAN
Yesterday

WASHINGTON (AP) — Does money roll downhill?

In their drive to cut taxes, President Donald Trump and congressional Republicans are betting it does.

Behind their legislation is a theory long popular among conservatives: Slash taxes for corporations and rich people, who will then hire, invest and profit — and cause money to trickle into the pockets of ordinary Americans. The White House says the plan’s corporate tax cut alone would eventually raise average household incomes by $4,000 a year.

The tax plan’s “trickle-down” approach was popularized in the 1980s during the Reagan administration, though it dates back at least to a 1932 wisecrack by Will Rogers. And history shows it has a spotty record of delivering on its promises.
AP
Free Milagro Sala!
What happened to Santiago Maldonado?
What happened to ARA San Juan?
Mapuche Lives Matter!
Stop the political persecution in Argentina!
Stop the looting of Argentina!
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Che On The Rocks

In Argentina, President Mauricio "Panamá" Macri tries the same.
Free Milagro Sala!
What happened to Santiago Maldonado?
What happened to ARA San Juan?
Mapuche Lives Matter!
Stop the political persecution in Argentina!
Stop the looting of Argentina!
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Robert Stout
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Perhaps Macri taught Republicans some new tricks........... :)
Jesus can raise the dead, but he can't fix stupid
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clone
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Director @ Center for Advanced Memetic Warfare
Meanwhile back in the real world....

President Trump Accomplishes the Impossible: Reduces Debt to GDP Ratio by 1% His First Year in Office

Posted Image

No President in more than 50 year years has decreased the Debt to GDP ratio in his first year in office by more than 1%.

LINK

Edited by clone, Nov 18 2017, 12:00 PM.
Only liberals can choose not to go down the road to widespread, systematic violence.
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George Aligator
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Impressive as the statistic may be, there is no evidence that Trump has anything to do with it. The President doesn't control the economy.
Conservatism is a social disease
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estonianman
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Don't trickle - make it rain. 90% of DC should be liquidated and given back to the people.
MEEK AND MILD
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Robert Stout
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estonianman
Nov 18 2017, 12:16 PM
Don't trickle - make it rain. 90% of DC should be liquidated and given back to the people.
To do that we must force millions of pet hamsters to get a job............... :nana:
Jesus can raise the dead, but he can't fix stupid
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