Papantonio: Americans Aren't Buying Trickle Down Theory

[GoLeft TV]

Run time: 04:06 https://www.youtube.com/watch?v=iAVggdilFCE   Posted on YouTube: October 30, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: October 30, 2009 By DU Member: GoLeft TV Views on DU: 873

 
10 years ago, 40% of Americans actually believed that they were part of the 1% of top wage earners in the US. Today, that number has fallen dramatically, and people are now living in reality and have abandoned the idea that trickle down economics will benefit all of us. Mike Papantonio appears on Fox Business's Cavuto to explain the issue

[FormerDittoHead]

1. Incredible. @ 1:30 - Tracy Byrnes: ditch diggers are in the top 1% of tax payers...

edited for spelling...

[urgk]

2. Call Trickle Down what it is - Table Scrap Economics.

The lords and ladies of the manner spill a bit of gravy and it's ours. They toss a crust of bread and we're allowed to fight amongst ourselves to see who gets to gnaw on it. We get the gristly bits of meat that stick to whatever they've finished devouring and we're supposed to be happy.

[oedura]

4. This exactly. That's all it's ever been...

The working class is the dog under the table of America.

[wysimdnwyg]

3. OK, so Feax Business channel's one viewer

is a liberal watchdog. Gotcha.


Two things about this clip:
1. The "token liberal" was one - against four conservatives.
2. Cavuto said some rich people would rather "put a bullet in their brain" than pay their taxes.


Why in the hell would anyone actually WANT to watch this crap?

[ljm2002]

5. That female was unhinged...

...rising to the defense of those poor rich people, asking Papantonio "Don't you get that many of those rich people worked... until their finger were bleeding... picking up the shovel...". What a load of hooey. There was a shovel being picked up, all right, by her, and she was shoveling "it" fast and furious.