The War on the Poor and Middle-Class Families (Video)
Most Americans are on a downward escalator. Median household pay is dropping, adjusted for inflation. A smaller share of working-age...
Most Americans are on a downward escalator. Median household pay is dropping, adjusted for inflation. A smaller share of working-age...
"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.