40 years of trickle down economics and Trump is just more Reaganomics bullshit on steroids. Tell me again how taxes are so high when they are the lowest in US history? Obama EXTENDED PERMANENTLY the Bush tax cuts for 98% of the US population. You are entitled towards your own opinion, not your own facts.
40 years of trickle down economics and Trump is just more Reaganomics bullshit on steroids...
Landon Bailey
Joseph Howard
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Jack Carter
MUH 1%!!!!!!!!!!!!!!!!!!!!!!!!
Joseph Parker
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Xavier Adams
>Trump is just more Reaganomics bullshit
Obvious troll is obvious.
Connor Hill
>you are entitled to your own opinions, not your own facts
That's ironic seeing as how there is no such thing as trickle down economics.
Gavin Scott
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Evan Bailey
Raegonomics do work though. The reason why the the middle class is shrinking is due to globalisation forcing current wages to compete with 3th world countries.
This is happening everywhere in the west, including socialist countries. Therefore neither tax cuts of keynes economics will work unless protectionist trade tariffs are in place.
Noah Martin
Cuck
Josiah King
>40 years of trickle down economics
Citation needed faggot.
Grayson Ortiz
>including socialist countries.
>I don't know what socialism is, but I'm gonna call European nations as """''socialist""""""
Nathaniel Moore
>people with more money will have more money than people with less money
WOW HOW HORRIBLE
Anthony Hall
Looks pretty good for the top 20%, but I'm probably saying that because I'm in it.
Nolan Murphy
supply side economics is a money grab that the dumbed down masses haven't accepted yet, everybody knows it's bullshit. the consumer drives the American economy and we're in a fully developed market saturated economy, the supposed 'reinvestment' (LOL ITS SO LUDICROUS JUST SAYING IT) would all go over seas long before they were used to create jobs here.
Isaac Martinez
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Lincoln Wilson
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Gavin Rivera
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Carson Baker
Trickle Down economics doesn't exist and has never existed. It's a strawman term invented by leftists describe people not having their wealth taxed away.
The equivalent would be rightists describing a high tax economy as the left-wing theory of Parasite Economics.
Bentley Miller
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John Fisher
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Brayden Perez
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Noah Garcia
Except the endgame of innovation and automation including intellectual and managerial automation will see that 20% collapse within the next 20 years as well.
Jaxon Taylor
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Colton King
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Evan Gomez
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Cameron Rogers
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Easton Morgan
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Michael Diaz
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Mason Miller
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Angel Butler
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Ayden Russell
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Connor Reed
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Jordan Smith
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Liam Hughes
Well this chart is misleading. Why isn't it logarithmic, for starters?
Yep, that's why I'm an engineer. Need people to design new stuff, improve current stuff, and upgrade old stuff.
It's probably the only profession that is future proof, except for when sentient AI comes along, at which point we'll all be out of jobs.
Luis Fisher
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Ethan White
What do you want then? Comparisons with Venezuela economy? LOL
Muh social democracy, muh not real socialism.
Anthony Sullivan
At the very least he picked the right Attorney General.
I have to agree though that Puzder seems like a scumbag.
Ian Nguyen
You're completely wrong about what creates a shrinking middle class, free-trade creates a consumer surplus and in a domestic market economy consumerism is a prime driving force. The U.S. does not directly compete with uneducated cheap labor as it's largely a service based economy, middle class QOL benefits greatly from free trade. Globalization is inevitable because whether they want to our not the Western worker still needs to compete with Malaysia, India, China etc with 3rd party buyers. Adapt or die and set the controls so that when virtually 90% of the work force has nothing to adapt to, the system can survive by treating the populace right.
Bentley Myers
You know why we're largely a service based economy? Because of outsourcing.
Jaxson Jenkins
>have more money pre-tax
>taxes go down
>save a lot more money because there was more money to be saved
You do realize you can't save on money that are taken away by taxes if it doesn't exist, right?
Nathaniel Cook
Obviously cheap overseas labor creates a consumer surplus however your claim that service based jobs don't compete with 3th world countries isn't anywhere true. Sure local services remain but any company that operates on a worldwide basis is outsourcing them to India/China whatever.
Middle class QOL isn't increasing, consumer prices may be lower with globalisation but so are wages due to competition.
Competition for thirth party buyers in Malasya and India is still very small when compared to the consumer market of the Western economy. Also good luck at trying to sell your western products in China.