--- Erik Reuter <[EMAIL PROTECTED]> wrote:
> On Sat, Jul 19, 2003 at 10:58:49AM -0700, Jan Coffey wrote:
>
> > trickle down seems to work,
>
> No it doesn't. This has been discussed at length on the list, and the
> evidence is that trickle down economics does not work. It helps the rich
> get richer, but the other 80% or 90% do not benefit very much at all.
>
> Further, the GDP grows more slowly with trickle down economic policies
> than with more progressive taxation.
As a continuous policy it stinks, but to jumpstart a failing economy it has
worked in the past.
NMT- if the left really wants to put it to Bush they need to back the war
%100 and focus instead on the economy. Get a graph of the economy for the
last 24 years and see where it's god and were it isn't and then talk about
who's polices seem to work and who's don't.
=====
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Jan William Coffey
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