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1 jc717  Thu, Aug 23, 2012 7:13:26am

Trickle down working as designed.

2 Destro  Thu, Aug 23, 2012 7:16:55am

How long will the American middle class worship the "god that failed"?

'The God That Failed' is a 1949 essay book written by ex-Communists who renounced Communism as a failure.

Now we have the American economic system for the last 30 to 40 years that have failed the American middle class. Reagan's economic ideology (and it's mutations) have failed the middle class.

It is clear the modern middle class never would have existed and was sustained by the New Deal and programs related to it afterwards (like the GI Bill, mortgage insurance and Pell grants for students, state colleges, etc).

The socio-economic assumptions in place since Reagan became president have all proven failures. This ideology of the GOP and some blue dog Democrats has become their god and that god has failed them,

So I repeat, how long will the American middle class worship the "god that failed them"?

3 Destro  Thu, Aug 23, 2012 7:19:44am

re: #1 jc717

Trickle down working as designed.

No, that is not correct. Trickle down was not sold that way. Trickle down is a failure because it was sold as letting lose the rich shackled by taxes that would allow them to make more money that would mean more jobs at better wages for those down the line from the rich.

Sounds good in theory, like communism. In practice it is a failure. Trickle down and the rest of the Reagan revolution theories have proven to be the "god that failed".

4 jc717  Thu, Aug 23, 2012 8:45:03am

re: #3 Destro

No, that is not correct. Trickle down was not sold that way. Trickle down is a failure because it was sold as letting lose the rich shackled by taxes that would allow them to make more money that would mean more jobs at better wages for those down the line from the rich.

Sounds good in theory, like communism. In practice it is a failure. Trickle down and the rest of the Reagan revolution theories have proven to be the "god that failed".

That's not how it was sold, but that doesn't mean that it's not how it as designed...

5 Destro  Thu, Aug 23, 2012 9:46:07am

re: #4 jc717

That's not how it was sold, but that doesn't mean that it's not how it as designed...

Well put. Plus 1.

6 Sophia77  Thu, Aug 23, 2012 12:08:52pm

Well well. Plans to enrich the rich and disenfranchise the rest of us are working!

Who'd a thunk it.


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