Monday, August 8, 2016


Despite centuries of proof, even before feudal times, that trickle down economics are a complete societal failure, and is the reason for wealth inequality, as well as being a factor in the demise of a society, here in the second decade of the 21st century we are still debating the issue.

Even though several decades of trickle down economics have contributed to a deep sense of discontent, in American society, leading to the empowering of demagogues such as Donald Trump, we are still debating whether to continue with tax cuts with the wealthy or return to a tax system that we had in the 1940s, 1950s and 1960s.  It was the tax code in those decades that enabled us, as a society, to build the dams, roads and infrastructure to win World Wars, educate a whole generation of workers and go to the moon, things that seem to be beyond us, now.   

1 comment:

  1. And the peons will continue to be peed on ... that's trickle down.