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Reply #1: Is this a serious question? [View All]

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Caution Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Jan-07-06 06:51 PM
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1. Is this a serious question?
Supply side economics is based on the assumption that the wealthy will effectively take care of the poor by spending the money they save on taxes or re-invest it into companies thus providing jobs and services for the poor. This has no chance whatsoever of working and is the most absurd economic "theory" in a long time. It's basically something completely invented by the wealthy to save them money on taxes.

If it worked the gap between the wealthy and the poor would shrink/. the gap has expanded greatly every time that rich republicans have had power and tried to sell us on this crap.
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