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A space for sharing and discussing news related to global current events, technology, and society.
69470 Members
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© 2020 Relevant Protocols Inc.
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>For years, politicians have managed to claim, contrary to evidence, that throwing money at the rich was the path to prosperity for all. To prop up this unrealistic fantasy, wealthy elites have been labeled “job creators,” and working-class Americans have routinely been misled into believing that tax cuts for the rich are important because in some faraway future they could one day be just as rich and therefore benefit from said tax cuts. Fifty years of pursuing so-called “trickle-down” economic policies have not worked, either in the United States, or in other countries, as per a global analysis by the London School of Economics. Or, one could say they have worked as intended—by directly benefitting those who are already rich.
>For years, politicians have managed to claim, contrary to evidence, that throwing money at the rich was the path to prosperity for all. To prop up this unrealistic fantasy, wealthy elites have been labeled “job creators,” and working-class Americans have routinely been misled into believing that tax cuts for the rich are important because in some faraway future they could one day be just as rich and therefore benefit from said tax cuts. Fifty years of pursuing so-called “trickle-down” economic policies have not worked, either in the United States, or in other countries, as per a global analysis by the London School of Economics. Or, one could say they have worked as intended—by directly benefitting those who are already rich.
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