Trickle down economics works. It may not distribute the wealth evenly; the top 1% may receive more than the rest of the population. But the middle class benefits from a stronger economy. The new wealth does not ALL go to the super-rich.
Here’s how the middle-class benefited from increased government spending in 1983 and from lower taxes in 1986. Even with a recession in 1990, the middle-class was better off at the end of the century.
Source: Frontline
http://www.pbs.org/wgbh/frontline/article/the-state-of-americas-middle-class-in-eight-charts/Buy Timing the Market at Amazon.com
Published on November 11, 2016 14:26