Granted, liberal policies don't always work. Some socialist programs fail. Of course we know many are also successful. That's why not every blue state is equally thriving. At least progressives try out NEW ideas. Republicans just do the same shit over and over without ever trying new ideas.
The thing about red state economics is their philosophy on government: less government and more capitalism. The thing about ReaganEconomics is that, yes, top executives do make more money through the tax cuts, but that doesn't mean they give a shit about investing more in the wages of their workers. They just keep and pocket most of the money they save with tax cuts because, why not? It's a simple decision. They ask: what is the bare minimum in making their low-end job positions popular?
My point is that even though blue states have mixed results with economic experimentation, red state poverty is a constant. Mississippi, for instance, is the economic shithole of America even though taxes on the wealthy are low.
When it comes to economic prosperity, the solution is investing in consumers I.e. Demand-side economics. Give them tax breaks - not people already wealthy. They can easily handle tax hikes. From there, the poor and middle class will become bigger consumers thus businesses will thrive as a result. Everyone is happy that way
The thing about red state economics is their philosophy on government: less government and more capitalism. The thing about ReaganEconomics is that, yes, top executives do make more money through the tax cuts, but that doesn't mean they give a shit about investing more in the wages of their workers. They just keep and pocket most of the money they save with tax cuts because, why not? It's a simple decision. They ask: what is the bare minimum in making their low-end job positions popular?
My point is that even though blue states have mixed results with economic experimentation, red state poverty is a constant. Mississippi, for instance, is the economic shithole of America even though taxes on the wealthy are low.
When it comes to economic prosperity, the solution is investing in consumers I.e. Demand-side economics. Give them tax breaks - not people already wealthy. They can easily handle tax hikes. From there, the poor and middle class will become bigger consumers thus businesses will thrive as a result. Everyone is happy that way
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