CEOs Are Richer Than Ever. So Where’s The Trickle Down?

CEOs Are Richer Than Ever. So Where’s The Trickle Down?

BY

JUSTIN "FILTHY LIBERAL SCUM" ROSARIO

– APRIL 13, 2011POSTED IN: CURRENT ISSUES, INFORMATION AND RESOURCES, NEWS

Not a CEO? NO $$ FOR YOU!

It is practically carved in stone among conservatives and the GOP that the more money the rich and corporations make, the better off everyone else will be. This is called alternately “Reaganomics”, “Supply Side Economics”, “Trickle Down Economics” or, as Bush Sr., the far more intelligent of the Bush presidents, put it: “Voodoo Economics”. The most recent nickname for this is “Uncertainty” as in, “Everything is so uncertain, we have to make sure businesses feel secure enough to hire by lowering their taxes.”

The concept is that corporations will take their profits and hire more workers and reinvest in the United States. Sounds good. We have 30 years worth of empirical data