A couple of more thoughts on the lead up to the state of the union;
How do you build an economy from the middle class-out? Or is this part of the forced sharing tax increases on the ‘rich’?
The logic: Raise taxes on the rich, and theres more prosperity for all!!! Your not sharing... And your free not too.
But that’s just it, as in the American Sniper movie, Democrat constituents feel free to criticize it, but if the rich are not sharing their wealth they should have it taken away by government.
During their “recovery summer” the rich did very well, but just didnt share enough with the middle class. QE3, the Federal Reserve bond buying scheme allows $80billion/month to causes stock market inflation to support a “recovery summer” illusion.
See its easier to play offense against Republicans than admit your mistakes and make an honest effort going forward.
This is part of the Democrats mantra against “trickle down economics” as they try to claim their theory is to support the middle and let it trickle up or down from there.
What this really is is comparing supply side to demand side economics. Their claim is trickle down supply side does not work and hasn’t since Bush and Reagan did it. They even try calling it “old” and “failed” policy that we don’t want to return to. Hillary and Warren have both said this.
Well, we’ve been doing demand side for eight years. It seems to me that hasn’t worked out very well. It’s the old give a fish versus teaching fishing argument. Giving the fish does not sustain the individual over time.
Small businesses make up the lion's share of the economy. Probably over 90%.
You are right on Son. Kudlow destroyed the regime Saturday on wabc radio.He said there is no trickle up only trickle down. Kill the job creators you kill everyone. Which is exactly what they want to do with all this class warfare BS.I guess they got tired of playing the race card 27/7.And, since they don’t stand for anything they could even remotely run on its back to the old tried and true crap.