Showing posts with label trickle-down economics. Show all posts
Showing posts with label trickle-down economics. Show all posts

Tuesday, August 9, 2016

Trump's trickle-down economics revisit old GOP disaster

The cover of today's New York Post claims it's a "tax revolution," but GOP presidential nominee Donald J. Trump's plan recalls the trickle-down economics President Ronald Reagan tried more than 30 years ago with disastrous results. 


By VICTOR E. SASSON
EDITOR

Desperate to save his sinking GOP presidential campaign, wacko racist Donald J. Trump is promising to cut taxes for "workers and businesses."

The Record's headline writers were sold:

"Trump touts tax
reform in Detroit"

That awkwardly worded headline ran over a brief on Page 1, but Trump was speaking in Detroit, not promising to reform taxes in the Motor City.

The full Associated Press story on A-5 quotes Democrat Hillary Clinton predicting Trump would trigger another recession.

"His tax plans would give super big tax breaks to large corporations and the really wealthy," Clinton said, labeling the proposals more "trickle-down economics."

Sunday, August 7, 2011

'The day the middle class died'

Official Portrait of President Ronald ReaganImage via Wikipedia


Filmmaker Michael Moore has posted a video as a chilling reminder of the destructive presidency of Ronald Reagan, right.


You can see how Governor Christie, congressional Republicans and rabid Tea Party loyalists are carrying on the work of our first and hopefully last company spokesman-actor-president.


You remember "trickle-down economics," don't you?


In retrospect, that theory could have been called "tepid discharges from a douche bag."


I was part of a team of reporters at The Record that documented the cuts to social programs during the Reagan presidency.


As today, all those holier-than-thou Republicans loved to cut Head Start and other programs for minority children.


Here is a link to the YouTube video:


4-minute video of Ronald Reagan puppet