The only economic policy that is a proven failure on the level of Republicans’ cherished “harsh

austerity during economic depression” is trickle-down economics at any time.


"Over the past few months when a Republican talks about income inequality, and admits that it is a real problem in this country, they are unwittingly admitting that they know their cherished trickle-down economic policy is a riotous scam. Whether he will ever admit it in public or to his wealthy backers, or acknowledge what every American not in the richest one percent already knows, presidential candidate Jeb Bush admitted the Republicans’ only economic policy since Reagan has been a glaring failure for Americans. It has been a money-making bonanza for the filthy rich, their corporations, and Wall Street, but no other American in the bottom 98 percent of income earners. When Jeb Bush made the mistake of noting “that wages in America were not keeping pace with the growing wealth among the richest one percent of Americans,” he was admitting that it is due trickle-down economics. It is noteworthy that the majority of the Bush tax cuts are still in effect, and the minute tax hike two years ago amounted to a pittance for the rich; particularly when they hide the majority of their substantial income offshore where they are not taxed."


"Even though some Kansas Republicans, some Republicans in Congress, and Republican presidential aspirants like Bush point out that over the last six years of the Obama economic recovery income has declined regardless the wealthy are getting richer, they are admitting that everything about the Republicans’ only economic policy is a farce. If what has been happening over the past six years in America, lower taxes and wealth at the top, was all that was required to host a robust middle class and declining poverty, all Americans would be financially secure. As has been noted by many non-conservative economists, the only reason wages are flat or have declined during the six year wealth-creating recovery is not, as Republicans claim, due to higher tax burdens on the job creators, regulations, or a depressed economy. It is because greedy businesses, large and small, reveled in the devastating effects of Bush-Republicans Great Recession that forced tens-of-millions of out-of-work Americans to take jobs for slave wages.

The only economic policy that is a proven failure on the level of Republicans’ cherished “harsh austerity during economic depression” is trickle-down economics at any time. The ridiculous failings of trickle down were first manifest thirty years and drove Republican man-god Ronald Reagan to raise taxes eleven times to prevent the revenue shortfalls from driving the economy into bankruptcy. Still, that lesson was lost on George W. Bush who repeated Reagan’s unfunded tax-cutting folly that failed to teach Republican governors like Kansas’ Sam Brownback who pledged that his trickle down tax cuts would prove that the only Republican economic policy would spur a job creating bonanza and fill the state coffers with mounds of money trickling down from the rich.

Now that national Republicans are talking about income inequality, and Kansas Republicans are putting tax hikes on the table to save their state’s dying economy, one would like to say Republicans admit their only economic policy is a failure, and a scam. But these are lazy devious Republicans and it is important to remember that they are not going to come up with a different economic policy, ever. Not when they can wave around a fetus and fool all the people again. It worked for Sam Brownback’s Kansas disaster and if any American thinks it will not work again on the national level they have not been paying attention over the past thirty years."









http://www.politicususa.com/2015/06/01/dont-fooled-kansas-republicans-admit-trickle-scam.html