Tuesday, August 09, 2016

THIS IS WHY TRICKLE DOWN ECONOMICS DOES NOT WORK FOR THE WORKER

Capitalism is an economic expression of greed and selfishness with no room for altruism. That's why Infowhores are devotees.

So only those prepared to stab their fellow man in the back will get filthy stinking rich.

So when given a tax cut, what do you think they will do with it? Unnecessarily spend it all on products Made in 'Murica just to help them out when all week they have been screwing those same 'Muricans at the factory?

No way.

And this is what happened when Reagan tried it out: workers' wages went down while the boss' wages skyrocketed!

See Income and Wealth Inequality Under Reagan.

Reagan also deregulated Wall Street which led to the financial crisis of 2007/8 (which was enabled by regular Infowhores guest Dodgy Roger Stone). Trump wants to deregulate Wall Street too.

And Trump and his daughter have been using cheap foreign sweatshop labour instead of good ol' 'Murican labour.

In fact, Trump is the prime example of why trickle-down economics does not work.







No comments: