More trickle down nonsense…

Well…was just sitting here looking at the F-1 website and a thought came to me…they do that sometimes, as you can see from me being 5 ahead for the month. What spurred the thought was the return of the discredited notion of “trickle down” economics that posits that if you give more and more tax cuts to the rich and corporations, that money will trickle down to the middle class through an increased number of jobs. The question I have to ask is “how is this different from increased tax revenue going to the government to create jobs?” At least when the money goes to the government and it is spent for infrastructure repair and development, the people have some say through their elected officials on where and how the money is spent and which jobs are created. Infrastructure jobs can’t be sent overseas like what has happened with the tax cuts to corporations and the huge wave of outsourcing that followed the tax cuts. I’d rather trust the government to do this kind of thing…corporations have shown that they will use tax cuts not to create jobs, but to enrich the 1% who have already stolen most of the country from the rest of us..geez…

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>