Let’s put aside the merits of leftwing American politics. We’ll just agree to disagree on that for now. Let’s just discuss the viability of GOP economics which is the fantasy of trickledown/supply side economics. Sure that shit sounds good until - you know - one thinks about it from a logical standpoint. Giving corporations more capital to sell products doesn’t somehow translate into more demand from the consumers. That isn’t how economics work. Our economy is a CONSUMER driven economy. It depends on people spending money. That is how it has ALWAYS worked. Corporations in this day age are wealthier than ever before. That means that when they get big tax breaks, they don’t invest the money they save. Why? Because it’s easier to just keep it. Why invest in labor if they are already wealthier than ever before?
Doesn’t it bother republicans that the GOP does NOTHING for the middle class? A strong middle class is how you keep this economy viable because they are the biggest CONSUMERS. A time will come when this economy will fail because of GOP economics. Rich people can’t stay rich if the wages of the middle class and poor remain way behind on inflation.
How can one possibly justify GOP policy?
Doesn’t it bother republicans that the GOP does NOTHING for the middle class? A strong middle class is how you keep this economy viable because they are the biggest CONSUMERS. A time will come when this economy will fail because of GOP economics. Rich people can’t stay rich if the wages of the middle class and poor remain way behind on inflation.
How can one possibly justify GOP policy?