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Just like to add that I've covered this topic here: http://hubpages.com/politics/We-do-the-work-Someon...
American Romance says
I'm sorry, but you dodged the question.
instead of redirecting, answer the question. Is there evidence that trickle down works? the wealthy have been doing really well for well over 20 years, isn't this trickle down in action?
There is certainly evidence where I live. New homes are being built for miles all around me. Unemployment is around 5%, taxes have been lowered indicating the rich are paying in plenty according to IRS, what more do you need?
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Keith Engel says
What's the good of HDTV when you are unemployed? The reason HDTV has come down in price is that it is made by slave labour in communist China. Trickle down economics was first promoted by the same people who failed to predict the credit crunch.
I can't wait to hear the thousand cries of people saying this isn't what we meant.
Now check out an economist who did actually predict the credit crunch, Steve Keen: http://www.youtube.com/watch?v=qG3CU1st_l8
Folks you need to truly understand what trickle down means. When you purchase something from money earned that is trickle down. Reagan lowered taxes on the rich, they spent like gang busters! the poor then became employed to keep up with demand!
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