June 7, 2011

"Let's Try This Again," Take 6

Happy Anniversary, of sorts, to the economic philosophy known as Trickle-Down Economics. Ten years ago today, Pres. George Bush signed major tax cuts, promising sustained economic growth once government got out of the way. Today, unemployment is around 9% still, nearly three years after the economic policies of de-regulation and "Supply-side" growth nearly destroyed the economy of the United States, and with it most of the globe. Well done, TDE! Take a bow! You've now proven to be a completely fucked-up, idiotic economic philosophy FOUR TIMES.