At the cancer center last Wed.

[Johnny2X2X]

50. Voodoo Economics

Voodoo Economics was a very effective term for Supply Side Economics. Republicans haven't relented. It's trickle Down economics and Trump has amped it up.

"Supply-side economics is a theory positioning that economic growth is most effectively created by lowering taxes and decreasing regulation, which encourages producers to supply goods and services. Often called "trickle-down economics," this model suggests that benefiting the wealthy and corporations drives investment, fostering job creation, increased productivity, and, eventually, benefits for all income levels"

It's completely backwards to reality. The reality is, jobs are only created from the other direction, when regular people have money to spend, they demand goods and services and everything that drives the economy follows.