Tsunami Up Economics


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.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: