| bannedagain said: 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 reagan economics 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?
So does it work? NO |
First of all where are your references for this information? You need to site your facts or else you could be saying whatever you want. Also, then if trickle down economics does not work, what do you suggest as its replacement. You are showing what you think the problem is but are not giving any solution. So all you are doing is complaining about it. Therefore, what is your solution system?
Where are you getting those tax percentage numbers? They are wrong from what im looking at. So where are you getting your figures?
