Wednesday, September 21, 2022

TRUSS TO TAKE UK BACK TO THE FUTURE WITH TRICKLE DOWN ECONOMICS

It's sounds simple: give massive tax cuts to the rich and corporations; and as they spend their tax cuts into the economy their wealth trickles down to the poor; so eventually everyone gets rich.

Trouble is: IT DOESN'T WORK!

Because the rich and corporations are so greedy that they hoard their wealth.

JFK had the right idea in giving such tax cuts but only if the rich and corporations could prove that they used the tax cuts to benefit society as a whole.

But we know what happened to JFK...

See : Truss admits her tax cuts will disproportionately benefit the rich - and says she's prepared to be an unpopular PM to boost economy

See : Liz Truss urges world leaders to follow UK with trickle down economics

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