No, I don’t believe in trickle down economics. It’s been attempted on many occasions and time after time is shown to not work or be effective. The rich people do sit on their money and put it away in tax havens with basically nothing trickling down. It’s a joke that anyone buys into this because it’s just a money grab by the wealthy that creates an even larger gap between them and the poor. How much of those tax savings did you trickle down to your employees in the form of raises?
https://psmag.com/economics/trickle-...-indeed-a-joke
https://www.cnbc.com/2018/01/04/warr...economics.html
Personally wish Buffett was the billionaire who became president.
Do you really believe that gearing the country towards more environmentally sustainable policies would bring it to a standstill? I don’t, I think it’s the biggest potential for future jobs and technology there is. But standing still, resisting change, living in the past instead of pushing forward and being a leader and innovator is what will keep the west on top. The excuse that others aren’t doing it so why should we bother is a really poor one imo
I may not know another collapse like that will happen but if history tells us anything there is a really, really good chance financial institutions will drive us towards one and the deregulation will help them get there . Getting rid of some weak banks isn’t worth the cost of the 08’ collapse.
Healthcare costs basically are double of other developed nations and aren’t that great. You can blame Obama if you want but that problem has been around since long before him.
I’m ok with how he is handling China and to a lesser degree NK.