The definition of insanity...
Dec. 18th, 2011 10:29 amhttp://www.dailykos.com/story/2011/12/18/1046522/-How-the-GOP-stole-America
And if you listen to some people here on LJ, "nobody has shown trickle down economics doesn't work." Never mind the utter lack of correlative data that would be there if it did. It's complicated, so nobody has shown it. The solution to looting by the rich is always more looting by the rich. And don't call me rich!
If you listen to the news, you might think went on a we spending spree. You might think we shoved fresh billions into social programs, or gave fat pay raises to government workers, or that there's been some huge expansion of the government bureaucracy. That's not quite what happened.President Bush said Saturday that the most important number in the budget he sends to Congress next week is the $5.6 trillion surplus it projects over the next 10 years.That's not some alternate universe. It's not ancient history. That's the United States just a decade ago. So what happened? Well, we didn't hand out huge new benefits, or fix all our crumbling roads and bridges, or address the failing National Parks. Emptying the national pocketbook was a lot easier than that. We gave it away.
We gave away $1.5 trillion in income tax cuts, and here's the fun part. Over one trillion of that went to the top 5%.
And if you listen to some people here on LJ, "nobody has shown trickle down economics doesn't work." Never mind the utter lack of correlative data that would be there if it did. It's complicated, so nobody has shown it. The solution to looting by the rich is always more looting by the rich. And don't call me rich!