MAIN STREET TRICKLE UP AND OUT – BUSINESS CASE AND ARGUMENTS:
EVERY DOLLAR TO THE POOR AND MUCH OF THE MIDDLE CLASS GOES IMMEDIATELY ITO THE AMERICAN ECONOMY TO BUY SURVIVAL!
“Really the way to create or stimulate this economy is by shifting MONEY to where there’s pent-up demand. … And where there’s pent-up demand is not at the top, it’s at the bottom.”
— SlSTER SlMONE Campbell, executive director of Network, a Catholic social justice Iobby
$32 TRILLION OF LOOT THE MULTI-NATIONAL BILLIONAIRES TAKE IS USELESSLY TAX-DODGED IN HIDDEN OFF-SHORE FOREIGN ACCOUNTS – COSTS AMERICAN MIDDLE CLASS $8 TO $11 TRILLION IN TAX COLLECTION.
“TRICKLE DOWN THEORY: The less than elegant metaphor, that if one feeds the horse enough oats, some will pass thru’ onto the road, for the sparrows.”
– J.K.Galbraith 19O8-2OO6 American Economist.
AMAZINGLY LAFFER IS STILL FUNDED TO FAKE RESEARCH BY THE KOCK BROTHERS – THIS TIME TO LIE ABOUT STATE RANKINGS AND PAINT OVER WISCONSIN GOVERNOR’S FAILURES.
FACT 1: 1O YEARS OF RECORD LOW TAX RATES FOR THE MULTl-NATlONAL $BlLLlONAlRES and RlCHEST 1% and the CORPORATE FRAUDSTERS!
FACT 2: STILL NO JOBS! WORST IN OVER 😯 YEARS!
FACT 3: 6O YEARS OF DATA SHOW AS TOP TAX RATES ON RlCH INCREASE = USA GROWTH INCREASES AND MIDDLE CLASS GROWS!
FACT 4: LOW TAXES ON RlCH = LlTTLE OR NO JOB CREATlON!
THE WORST SCAM OF ALL:
“Give me control of a nation’s money and I care not who makes its laws” — Mayer Amschel Röthschild (1744-1812)
Aggregate demand = Propels economic recovery in slumps = DEMAND SIDE ONLY
Stimulation of demand IN A DEPRESSION = A NECESSITY WITH NO BUBBLE
Means of WEAPONS production = Not idle = ONLY manufacturing jobs LEFT
USA = 3rd WORLD = Exporting raw material and importing finished goods
Stimulating demand by EMPOWERING POOR = FEEDS FAMILIES who SPEND EVERY CENT TO SURVIVE = Demand for FOOD and Housing and Supplies = REDUCES RELIANCE ON DEBT
US wealth disparity = Reached the tipping point = SPLUTION: TAX WEALTH ONE WAY OR ANOTHER = RICH can AGREE or FACE FAR WORSE
USE WEALTH TAX = INSTITUTE A MINIMUM INCOME TO MASSIVELY REDUCE INEQUALITY + Americans can build on that with Creative Innovative Hard Work + Do away with WELFARE PROGRAMS (KEEP SS, MEDICARE, HEALTH CARE)
TAX WEALTH TO OFFSET INEQUALITY SOLUTION = NO GOV DEBT INCREASE
Alternative = WORSE THAN LABOR WARS = Americans Loss of LIFE
SUPPLY SIDE = TRICKLE DOWN FROM BILLIONAIRES LIES + JOB CREATOR LIES
NEED DEMAND SIDE AND TO MINIMIZE INEQUALITY = GROW MIDDLE CLASS