Click on the link below for an exploration of all the possible negative effects of economic inequality in the USA:
Human knowledge has progressed exponentially since the dawn of modern science. It is no longer reasonable to accept claims without sufficient objective evidence. The harm from religion, alternatives to medicine, conservatism, and all other false beliefs will be exposed on this blog by reporting the findings of science. This blog will also reinforce what should be the basics of education: History, Civics, Financial Literacy, Media Literacy, and Critical/Science Based Thinking.
Showing posts with label Supply Side Economics. Show all posts
Showing posts with label Supply Side Economics. Show all posts
Monday, May 6, 2024
Economic Inequality: The Root Of All Evil?
"The past, present, and future of tackling the uselessness of extreme wealth by exposing and closing tax avoidance loopholes and pushing for a culture change to embrace the need for a more equal society."
Society of Extreme Wealth and its Discontents: Tax avoidance, wealth inequality and the detrimental effects felt by us all
Saturday, December 9, 2017
This Is Why I Call Supply-Side Economics "Tinkle-Down"
"The last four and a half decade has seen an absolutely
massive rise in inequality with the top gaining an ever increasing share
of the gains from growth. In the last two decades, actually, all
economic gains have gone to the top 10%
"This is
actually a massive, decades-long economic experiment about the validity
of trickle-down economics, and it is difficult to escape the conclusion
that it hasn't materially increased business investment nor economic
growth."
In detail, and with several historical graphs, the full monty on why this Republican Tax Bill is bogus.
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.
Thursday, May 12, 2016
"Trickle Down Economics" Is A Failure - Period
Economics is called the "Dismal Science" for a reason: there are many interacting social and political forces combined with biased research data. However, just as with tobacco and climate change, good research is now coming in on "Trickle down economics."
Thursday, January 28, 2016
The Laffer Curve/Supply Side Economics
There is a reason why economics has been called The Dismal Science. The effect of raising or lowering tax rates on government revenue is not as clear as many conservative politicians claim.
The relationship between rates of taxation and the resulting levels of government revenue.
The relationship between rates of taxation and the resulting levels of government revenue.
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