unastronaut*

Feet on the ground – head in the clouds.

The inherent injustice of trickle-down economics

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This point is simple. Trickle-down economics is the idea that lower taxes for the wealthy and for corporations will lead to jobs being created. So let me get this straight, we let the wealthy have more money in hopes that they’ll let the poor work for it? You mean to tell me the people who complain about “lazy welfare recipients” want us to give them money, so we can work for it? That’s ludicrous.

If everyone has purchasing power in this country, demand will dictate that jobs be created. If everyone were better off, the corporations would be better off in the sense that their customer bases would only continue to grow. When the economy tanks, even the corporations suffer, but they are some how immune to creative destruction (fossil fuels, bullet trains) or risk (banks, united airlines, chrysler). This nation is strong on the backs of the 300 million, not on the pocketbooks of the wealthy few.

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