Trickle-down economics is a nice way to say "Schtuppe the middle class"

http://www.wpi.edu/News/TechNews/010410/taxcut.shtml

There are tons of articles detailing how Trickle-Down economics is mostly a benefit of 
the wealthy...

Howie

----- Original Message ----- 
From: "Lon Lentz" <[EMAIL PROTECTED]>
To: "CF-Community" <[EMAIL PROTECTED]>
Sent: Thursday, December 13, 2001 1:48 PM
Subject: RE: Ouch


>    Trickle-down? The so called trickle down included a big tax cut, 
> true. I think that the top end was almost 50 percent and Reagan's plan 
> brought it down to a little under 40 percent. That was good. That tax 
> cut, as John Kennedy had predicted some 20 years prior, increased 
> revenue into the Federal coffers. Also, if you go back and look at the 
> rate of increase of the level of the Dow since it began, you'll notice 
> something quite striking. Until roughly 1982, the growth rate was 
> constant, yet slow. Around 1982, the year of this evil tax cut, the rate 
> of increase of the Dow took a dramatic increase. This is the boom that 
> Clinton rode through 2 disgusting terms.
> 

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