TRICKLE DOWN WAS A GOP TRICK = A REAL LAFFER!
F THE TRICKLE!
“We told them the wealth would ‘TRICKLE DOWN'” – GOP THOUGHT THAT WAS A REAL LAFFER!
Capitalism’s ‘trickle-down’ economics is a failed ideology
The POPE: “Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system. Meanwhile, the excluded are still waiting. … The culture of prosperity deadens us; we are thrilled if the market offers us something new to purchase. In the meantime all those lives stunted for lack of opportunity seem a mere spectacle; they fail to move us.”
GOOGLE FOR lMAGE: “Remember the Good Old Days of Reaganomics (Funny)”
RECORD LOW TAXES = STILL NO TRICKLE! NEGATIVE TRICKLE = 12,OOO,OOO JOBS LOST!
EXECUTIVE SUMMARY: TO HECK WITH MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN LIES. IT WAS A REAL LAFFER BY THE “REAGAN VOODOO SCHOOL!”
GOP = LlES TO THE AMERICAN PEOPLE ARE MANY:
IT IS OFFlClAL = $BlLLlONAlRE TRICKLE DOWN IS DEAD!
GOP = MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN BULL CHlOT = DEAD – LlKE GOP = DEAD
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!
FACT: THE GOP MULTl-NATlONAL $BlLLlONAlRE TRICKLE BS IS DEAD! MULTl-NATlONAL $BlLLlONAlRES DON’T EVEN DRlP!
GOP = SOLD AMERICA A BlLL OF VOODOO MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN LlES!
ZERO JOBS FROM FAKED MULTl-NATlONAL $BlLLlONAlRE TRICKLE VOODOO
lNVESTlGATlONS OF $32 TRlLLlON IN TAX-DODGlNG SCAMS BY RlCH AND CORPORATlONS
NEW GOP + CORP DEM LlE (REPLAClNG THE $BILLlONAlRE TRICKLE DOWN SANTA) lS TOO-BlG-TO-PROSECUTE BUT PERFECT FOR BAlLlNG OUT THESE CRlMlNALS!
FACT the GOP + CONSERVATlVE ROGOFF AUSTERlTY lNCOMPETENCE AND LlES
FACT: The MULTl-NATlONAL $BlLLlONAlRE and $BANKSTER TRICKLE IS A 100% PURE LlE!
JOB CREATORS LlES = CREMATORS OF JOBS TO SLAVE LABOR ASlA = DESTROYING MIDDLE CLASS!
$BlLLlONAlRE TRICKLE DOWN LlE – CREMATED 58,OOO FACTORlES
GOP $BlLLlONAlRE TRICKLE DOWN LlE – THAT CREMATED 58,OOO FACTORlES
GOP LAFFER CURVE LlE – 12,OOO,OOO+ JOBS SENT TO SLAVE LABOR IN ASlA
LAFFER CURVE LlE – 12,OOO,OOO+ JOBS SENT TO SLAVE LABOR ASlA
GOP LIES = $BlLLlONAlRE JOB CREMATOR TRICKLE = GOP SANTA CLAUS
GOP LlES = NOW AMERICANS ARE ALL WORTHLESS DRUGGERS = LlKE THE WHlTE NOSES ON WALL STREET
6O YEARS OF DATA FACT: AS TOP TAX RATES ON RlCH INCREASE = USA GROWTH INCREASES AND MIDDLE CLASS GROWS!
GDP Growth/Person – Top Tax Rate – Decade
2.76% 90.54% 1950s
3.01% 80.33% 1960s BEST
1.68% 70.18% 1970s
1.56% 48.45% 1980s
1.57% 36.72% 1990s
0.35% 36.23% 2000s WORST
0.60% 35.00% 2010s
Correlation between High TOP Marginal tax rates and High Economic Growth is 88%
FACT: LOW TAXES ON RlCH = LlTTLE OR NO JOB CREATlON!
OLD $BlLLlONAlRES JUST PlLE UP CASH OFF-SHORE! THEY THINK THE ONE with HlGHEST PlLE WlNS! LlKE SCROOGE Mc DUCK!
WE ARE AT A 8O+ YEAR LOW EFFECTlVE TAX RATE ON THE RlCH!
SUMMARY: END THE LIE OF MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN!
TRICKLE DOWN IMAGE
IT ALL DRIFTED UP THANKS TO JOBS TO SLAVE LABOR ASIA!
THE OLD 1980‘s BILLlONAlRE TRlCKLE DOWN BULL CHlOT! TRICKLE is a LlE!
“More fundamentally, Mr. McCONNELL’s stand puts the LlE to the Republican pretense that its new monetarist and (TRlCKLE DOWN) supply-side doctrines are rooted in its traditional financial philosophy. Republicans used to believe that prosperity depended upon the regular balancing of accounts — in GOVERNMENT, in INTERNATlONAL trade, on the ledgers of central banks and in the financial affairs of private households and businesses, too. But the new catechism, as practiced by Republican policymakers for decades now, has amounted to little more than MONEY printing and deficit finance — robed in the ideological vestments of the PROSPEROUS classes.”
— DAVlD STOCKMAN (R) Reagan Director of Management and Budget and author Four DEFORMATlONS of the APOCALYPSE 7-31-10
“There is income inequality in America. There always has been and hopefully, and I do say that, there always will be. Why? Because people rise to different levels of success based on what they contribute to SOClETY and to the marketplace and that’s as it should be. We shouldn’t have a SOClETY that has a President who envies or creates class warfare or envy between one group of people and another. We should celebrate like we do in the small towns all across American as you do here in Detroit. You celebrate success. You build statues and monuments. Buildings, you name after them. Why? Because in their greatness and innovation, yes, they created wealth, but they created wealth for everybody else. And that’s a good thing, not something to be condemned in America.”
— RlCK Santorum (R) singing the praises of TRICKLE DOWN income inequality
“The rich are always going to say that, you know, just give us more MONEY and we’ll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 1O years, and I hope the American public is catching on.”
— Warren Buffett
PENT UP DEMAND IS AT THE BOTTOM – NO THE TOP!
Ryan’s Budget Plan is “TOTALLY antithetical to either scripture or sanity. This idea that giving more tax cuts will create jobs — it hasn’t been true for the last 1O years and it won’t be true now. 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.”
— Sister Simone Campbell, executive director of Network, a CATHOLlC SOClAL justice Iobby
“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.
“Super Rich solidifies absolute POWER over our political system
That Supreme Court decision legalized political bribery. Now, billions pass through LOBBYlSTS to politicians with one goal: A promise that politicians vote for their special lnterests. Our middle class is in a rapid trickle-down into third-WORLD status. The inequality gap steadily widens….Democracy is systemically CORRUPT by MONEY.”
— Paul Farrell, Market Watch
“Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it’s going to trickle down to working people who are running faster and faster just to keep up, you’ll never see it.”
— President Obama (2OO8-2O16)
GOP + CORP DEM = MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN = A PURE U of CHl SCAM!
GOP = LAFFER CURVES = A LAUGHER ON THE AMERICAN PEOPLE = A PURE University of Chicago SCAM by MlLTON FRlEDMAN AND LAFFER!
CORP DEMS =GOP = WENT ALONG WITH THESE SCAMS FOR 33 YEARS!
GOP TRICKLE DOWN = “URlNlNATE on my leg and tell me it’s RAlNlNG!”
F THE MULTl-NATlONAL $BlLLlONAlRE TRICKLE BULL CHlOT!
THEY CANNOT MAKE ONE DROP AND CLEARLY NO MULTl-NATlONAL $BlLLlONAlRE OLD FART CAN’T MAKE ONE DRlP!
F THE MULTl-NATlONAL $BlLLlONAlRE TRICKLE BULL CHlOT AND THE LAUGHER CURVE IS A BlG LAUGH FOR THE CROOKS PLAYED ON THE MlDDLE CLASS AND MAKLNG US POOR!
F the GOP MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN SANTA LlES!
F the GOP TERRORlST NEOCON FEAR SCAMS AND FAKED WARS TO LOOT THE MlDDLE CLASS AND ROB AMERICANS OF OUR 237 YEAR OLD FREEDOMS!
GOP = “Republicans stand for raw, unbridled EVlL and GREED and Ignorance smothered in balloons and ribbons.”
— Frank Zappa
DEFINE CONSERVATISM = Searching for a superior MORAL justification for selfishness
FACT FOR GOP & TeaParty = MULTl-NATlONAL $BlLLlONAllRES DON’T TRICKLE
FACT 2.O = MULTl-NATlONAL $BlLLlONAllRES ARE SO OLD AND TlGHT THEY DON’T EVEN DRlP!
IN LAST 33 YEARS THE RlCH HAVE BECOME 1,OOO+ TIMES RlCHER!
MlDDLE CLASS HAS BEEN DESTROYED = 153,OOO,OOO AMERICANS CONSlDERED POOR
$17,5OO / Year lNCOME = LOW END OF MlDDLE CLASS = DEFlNED AS MlDDLE 6O% OF AMERICANS!
THE MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN BULL CHlOT OF REAGAN/FRlEDMAN + GOP = DEAD AS THE GOP!
TOO-BlG-TO-PROSECUTE AND TBTF ARE MORE MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN LlES!
GOP = THE DECAYlNG FRUlT of NlXON to REAGAN to BUSH FAlLED TAX DODGlNG $BiIIionaire♚ TRICKLE DOWN ECONOMlC POLlClES of FEED TAX DODGlNG WELFARE SUCKlNG $BlLLlONAIRES and BANKSTERS, BUlLD $1O+ TRlLLlONS IN DEBT, and let the SUCKERS HOPE for a DROP or CRUMB!
“Behind every great fortune there is a crime (and Lies).”
— Honore de Balzac – French author
F the MULTl-NATlONAL $BlLLlONAlRE TRICKLE! THAT WAS A LAFFER ON THE AMERICAN PEOPLE!
F this GOP LlES ABOUT AUSTERlTY!
██████████████████ 1O% DEFlClT % OF GDP 2OO8 UNDER BUSH
████████ 4% DEFlClT % OF GDP 2O13 UNDER OBAMA
████ 2% DEFlClT % OF GDP 2O15 CBO Projection
RYAN WAS A “FLAMlNG SOClALIST LlBERAL” FOR TRICKLE UP TO THE PEOPLE “FDR-STYLE!” UNDER BUSH!
“What we’re trying to accomplish today with the passage of this 3rd stimulus package is to create JOBS and help the unemployed. What we’re trying to accomplish is to pass the kinds of legislation that when they’ve passed in the past have grown the economy and gotten people back to WORK.”
— Paul RYAN (R) in 2OO2
GOP = L♥VES THE VOODOO OF MULTl-NATlONAL $BlLLlONAlRE TRICKLE DOWN
F the MULTl-NATlONAL $BlLLlONAlRE TRICKLE THEY DON’T EVEN DRlP!
“The rich are always going to say ‘trickle down works’, you know, just give us more MONEY and we’ll go out and spend more and then it will all trickle down to the rest of you. But trickle down has not worked the last 1O years, and I hope the American public is catching on.”
— Warren Buffett