Tsunami Up Economics

by

How do we know trickle down doesn’t work? Because during our Great Recession, corporate profit margins are at the highest point ever:

At the same time, wages as a percent of the economy hit an all time low and fewer Americans are working than at any time in the last 3 decades.

Why don’t we try something else instead? Tax megacorporations and the rich more. Cut taxes for small businesses and the middle class on down. More cash in individuals’ hands will lead to more spending and more small businesses.

Keefknight has even named the policy: Tsunami Up.

Found through Political Irony.

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