SCIENCE (from the Latin for 'knowledge') informs wisdom, reason and humanism. This is a 4-legged worldview within reality that maximizes well-being for individuals and society.

Monday, August 8, 2016

Let A Real Political Debate Begin: Economic Theory

Finally, after all of the peripheral activity since the US political conventions, Trump presented the Republican classical "Trickle-Down"/"Supply Side" economic position.  Following are links supporting my contention that this position does not add to the GDP or help the poor or middle class.  Chime in (with evidence) if you disagree.

https://en.wikipedia.org/wiki/Trickle-down_economics

http://www.faireconomy.org/trickle_down_economics_four_reasons

http://money.cnn.com/2015/06/15/news/economy/trickle-down-theory-wrong-imf/

http://billmoyers.com/2014/09/11/a-wealthy-capitalist-on-why-money-doesnt-trickle-down/

https://mic.com/articles/104612/7-charts-show-why-trickle-down-economics-has-been-an-enormous-failure#.H4SrDUFRb 

https://www.forbes.com/sites/adamhartung/2012/10/10/want-a-better-economy-history-says-vote-democrat/#7bcb58b9cb44

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