- cross-posted to:
- nyt_gift_articles@sopuli.xyz
- cross-posted to:
- nyt_gift_articles@sopuli.xyz
To be clear: this isn’t the “we stopped paying promised grant money” but is literally the federal government yanking money out of an NYC bank account.
To be clear: this isn’t the “we stopped paying promised grant money” but is literally the federal government yanking money out of an NYC bank account.
It did trickled down significantly.
Poverty rate is relative. If poverty rate doesn’t increase and GDP grow more than normal, then in absolute terms it is better for lower and middle class. That is exactly what happened. See the chart below.
US GDP as a % of G7 GDP
Whoops wrong again
Hard to read this chart. The poverty rate trend and US GDP as a % of G7 GDP is very clear.
Yes, it is very clear that trickle down economy doesn’t and never worked.