Trickle Down economics documentary from earlier this month. First - TopicsExpress



          

Trickle Down economics documentary from earlier this month. First part of the documentary here and how it all started from Margaret Thatcher following Dr Arthur Laffer from the US on how, according to Arthur Laffer, taxing the rich makes society poorer as a whole. Quote: If you tax the rich and give it to poor people you get lots and lots of poor people; the dream is always to make the poor richer and not to make the rich poorer. Then the documentary goes on to say that successive Chancellors courted the super rich in the belief that they would create wealth. Trickle down would be our reward. We all know more than 30 years later that trickle down economics only makes the rich richer and the poor poorer. Video here: https://youtube/watch?v=t2BiuW93bos
Posted on: Sun, 18 Jan 2015 21:10:02 +0000

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