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Under President Bush lite (Obama), the top earners of this country have fared far better than the rest of us and have seen massive gains in their pocket books, yet many middle class individuals struggle and social mobility isn't getting any better.
I mean, I thought the wealth trickled down to all the rest of us......right?!?!?!??!?!!?
Maybe you're trolling, but "trickle down" only had a hope of working in a closed economy--what the US had been in the early 80s.
Trickle down doesn't work at all for a particular country in a globalized economy.
This.
Jobs more likely go overseas now than here. Americans are not loyal to buying American. They have no loyalty. They buy the cheapest product, period. As a result jobs go overseas.
I used to buy American when I had a job that paid well but now I have to shop cheap. I would never have shopped at Walmart before but now it's my store of choice. I can't live on a teacher's salary and my savings from my engineering days will be depleted in about 4 years. I'm praying they start giving teachers raises again. I've had one in 5 years and it got taken away in a pay cut this year. I no longer have the income to be picky. Sometimes I think of all the money I wasted buying American and how much better I would be if I had shopped cheap back then too. Buying American didn't save my job.
Under President Bush lite (Obama), the top earners of this country have fared far better than the rest of us and have seen massive gains in their pocket books, yet many middle class individuals struggle and social mobility isn't getting any better.
I mean, I thought the wealth trickled down to all the rest of us......right?!?!?!??!?!!?
Don't confuse Coolidge's small government low taxes idea of trickle down, with Obamas idea of big government more taxes trickle up.
Calvin Coolidge is the only one to use trickle down. All other attempts were not trickle anything. Government never reduced in size. It has grown and grown since Coolidge.
Hoover tripled the size of government and had to raise taxes to pay for it.... Hooverville, research it.
Under President Bush lite (Obama), the top earners of this country have fared far better than the rest of us and have seen massive gains in their pocket books, yet many middle class individuals struggle and social mobility isn't getting any better.
I mean, I thought the wealth trickled down to all the rest of us......right?!?!?!??!?!!?
There is no such thing as "trickle down economics".
It isn't just about cheap products. It is about cheap labor. Consider North Carolina. That is a state with a sparse amount of union influence. Relatively cheap labor for being in the USA. Guess what. It wasn't enough. Textile factories went overseas, leaving many without work. To say that getting rid of unions would work, look to some of the towns in the South that were home to textile industries. Factories up and leaving, going overseas. Not just cheap labor, cheaper land, basically, cheaper everything. No respect for the American worker. This is something buying American could not solve.
It is all about Government Policies favoring the top 1% Investors, Bankers and Executives over the well being of the country. It does not matter what party is in power when the $$backers$$ give to both parties.
If you are one of the wealthy corrupt and well connected, you go to the government for your solutions.
If you are not one of the 1%, you are on your own.
Under President Bush lite (Obama), the top earners of this country have fared far better than the rest of us and have seen massive gains in their pocket books, yet many middle class individuals struggle and social mobility isn't getting any better.
I mean, I thought the wealth trickled down to all the rest of us......right?!?!?!??!?!!?
It is called trickle up poverty...brought to you by the Marxists in power.
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