Bill Moyers: How Tax Reform Can Save the Middle Class
In the second part of his interview with Bill Moyer, the Nobel Prize-winning economist Joseph E. Stiglitz says that such...
In the second part of his interview with Bill Moyer, the Nobel Prize-winning economist Joseph E. Stiglitz says that such...
"Ronald Reagan's theory was really 'trickle down' economics...and renamed 'supply side.' Cut tax rates for the wealthy; everyone else will benefit. As Reagan's budget director David Stockman confided at the time, the supply-side rhetoric 'was always a Trojan horse to bring down the top rate.'" —The Gipper's Economy. To see how the Trickle Down Con was sold to the public click here.