Paranoia of the Plutocrats
Extreme inequality, it turns out, creates a class of people who are alarmingly detached from reality — and simultaneously gives these people great… Read more…
by onepercenttakers · Published · Updated
Extreme inequality, it turns out, creates a class of people who are alarmingly detached from reality — and simultaneously gives these people great… Read more…
Tags: KrugmanPlutocrats
by onepercenttakers · Published July 1, 2014 · Last modified November 27, 2015
by onepercenttakers · Published December 4, 2018
by onepercenttakers · Published November 29, 2014 · Last modified November 27, 2015
"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.