Eisenhower Had It Right, Reagan Had It Wrong

"President Dwight David Eisenhower, perhaps the last real Republican, had a 90 percent tax rate for the super rich during his administration.

"Eisenhower explained it this way: The super rich could avoid the high taxes by investing their money in things that make America stronger. If they wanted to avoid high taxes, he said they could invest in business expansions and higher employee wages. They could give a million or two to tax-exempt non-profits that feed, house, and clothe poor people of America, among other things.

"They did some of that, but the Eisenhower years generated enough taxes to launch and complete the labyrinth of interstate highways, the largest road project America had ever seen, and is needed again.

"President Trump said that the recent tax cuts would cause big business to generate more jobs. Federal sources said this week that the tax cuts didn’t bring about more employment. Businesses took the tax break money and squirreled it away or bought back their company’s stock. Greed won. America lost.

"It’s time Congress took control of this country’s economy and do what must be done to take the power away from the greedy rich guys who will never let middle class America bloom the way it did before Ronald Reagan handed the economy to the millionaires and billionaires."

(link, from 2019)

Trump's Tax Plan Was Harmful, Don't Accept Any New One

"The verdict is in: Trump’s tax scam was trickle-down economics on steroids."

Click the link below for a video from Robert Reich exposing Trump's economics:

Trump’s Tax Scam: Why Nothing Trickled Down

Trump Only Helped The Elite In His First Term

 Click on the links below for a clear understanding of what you will get under another Trump administration. If you are not in the 1% and vote for MAGA, you are gaslighted and gullible:

100 Ways, in 100 Days, that Trump Has Hurt Americans

The 2017 Trump Tax Law Was Skewed to the Rich, Expensive, and Failed to Deliver on Its Promises

The middle class needs a tax cut: Trump didn’t give it to them 

Trump’s Economy: 7 Broken Promises to Working Americans

A look at Trump's economic legacy

How Trump and Congress further rigged the economy in favor of the wealthy

How Trump Took the Middle Class to the Cleaners

The "Cowboy Myth" Of Rugged Individualism Destroyed

"I write a lot about how the Biden-Harris administration is working to restore the principles of the period between 1933 and 1981, when members of both political parties widely shared the belief that the government should regulate business, provide a basic social safety net, promote infrastructure, and protect civil rights. And I write about how that so-called liberal consensus broke down as extremists used the Reconstruction-era image of the American cowboy—who, according to myth, wanted nothing from the government but to be left alone—to stand against what they insisted was creeping socialism that stole tax dollars from hardworking white men in order to give handouts to lazy minorities and women.

"But five major stories over the past several days made me realize that I’ve never written about how Trump and his loyalists have distorted the cowboy image until it has become a poisonous caricature of the values its recent defenders have claimed to champion."

Click on the link below for more:

Conservative Economics Debunked

"Trickle-Down" Economics: A Major Feature Of Republicanism Once Again Debunked

"New research examines the history of Republican tax cuts and the results will chill you to the bone. Who wins vs. who loses. the working class or the billionaires... "

Click on the link below for a video supporting the fact that Republicans have to be rejected at all levels of government. Vote wisely in 2024:

Scientists Examined 50 Years Of Tax Cuts For The Rich - Their Shocking Conclusion

This graph begins just before Reagan started the Republican attack on all but the 1%
(Note: this ends in 2007. It is much worse after Trump left office)

The Truth About "Taxing The Rich"

 Robert Reich, economics professor, former Secretary of Labor under Bill Clinton, and with experience under both Republican and Democratic administrations, is my go-to guy on economics. The video linked to below clarifies the wide gap between progressives and conservatives regarding economic truth:

12 Myths About Taxing the Rich

"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."