[GreenAccord]

1. Tax cuts for the rich trickle down to everyone else. Baloney. Ronald Reagan and George W. Bush both sliced taxes on the rich and what happened? Most Americans’ wages (measured by the real median wage) began flattening under Reagan and have dropped since George W. Bush. Trickle-down economics is a cruel joke.

Strawman argument. Employment and growth are the targets of trickle-down. We entered 90+ months of uninterrupted growth in GNP because of the Reagan tax cuts. And unemployment fell to the lowest (we were essentially at full-employment) because of the Reagan policies.

Clinton gets ZERO credit for the sustained growth in the 90s in my book as the Republic Contract With America was THE determining factor in that decade's economic well being.

[TwelveOfTwenty]

Clinton gets ZERO credit for the sustained growth in the 90s in my book as the Republic Contract With America was THE determining factor in that decade's economic well being.

The tech boom and the jobs created by the advent of Ecommerce and Y2K had a lot to do with it too.

[1010RD]

Wages only tell a part of the story. What do costs look like over the same period?

You can have a flat or even falling income and still be better off, if prices for goods and services fall or fall faster.