1 year ago
Last edited at 4:10PM on 2/10/2013
Analyses show that decreasing taxes for the wealthy don't result in job creation. For the most part, all they do is create more wealth for the wealthy, which doesn't exactly benefit the rest of America. There are several examples in history of trickle-down economics not working...Reagan and Bush are some popular examples.
The poorest cities in America are run by Democrats and their policies and form of economics. That should tell you something. You can not create wealth by spreading the wealth. It's like trying to fill a pool by taking a bucket of water from one end and dumping it in the other end. Trickle down economics takes time. That is why Reagan enacted it and Clinton's years were so good.