PDA

View Full Version : Trickle Down Economics Sucks



TheKnowParty
11-15-2013, 01:03 PM
Milton Friedman's Theories Always End in Ruin

Trickle Down Economics, Voodoo Economics, Reaganomics, Economic Shock Therapy

It all boils down to one basic precept: free market ideology. The idea put forth by Milton Friedman in the fifties that espoused a "pure" free market economy certainly boosts the economic numbers of a country albeit only the very few in the highest tax brackets actually benefit from it. The rest of the country is kind of fucked in the Friedmanesque world. In fact, it has been notoriously difficult to implement these free market concepts in countries with democracies unless torture, brutality and dictatorship is involved.

http://donhall.blogspot.com/2008/01/trickle-down-economics-sucks.html