Some facts about the reagan economics or the so called give your money to the rich and it will trickle down. This type of political belief has been going on since the 1980's. So here is your numbers. From the 1950 - 1980 (that did not practice these policies) The income growth for the bottom 90% of america's pay went up 75% or about $13,222. However from 1980 to 2008 the bottom 90% pay grew only by 1% or $303. Remember that reagonomics was put into place in 1980. So before reagan 75% after 1%. So what happens with the upper .01% or the very wealthy. Well from 1950 - 1980 there growth was 80% or $2,419,070. About even growth with the bottom 90%. After reagan 1980-2008 there growth grew by 403% or 21,904,288. SO thanks to reagan economics we get a 1% increase and the very wealthy get a 403% increase. Is this unbalanced?
This should add to your fiery. The average median wage, single worker makes 26,000 and pay 6,084 in taxes which comes out to 23.4 % of there pay. The average of the top 400, income is 344,590,000 and only Pay 16.9% in taxes. So we make less and pay more they make more and pay less. WHAT? Republicans want to give them another tax break. So reagan economics does not work. So there is the numbers that Republicans do not want you to see.
So does it work? NO
