Quote Originally Posted by Hlleonard View Post
Does anybody here believe the lower and middle class are in better shape today that they were before reaganomics?

Does anybody here believe the upper class hasn't gained wealth as compared to the other two?

Does anybody here believe the end result is not directly caused by the idea that if you let the rich make all the money they can they will allow that to "trickle down"?... sure they will but only if you are able to force that trickle down.

Does anybody here believe cutting those taxes did not lead to the debt boondongle we have today, if you do. look at the top tax rates before and after reagan... trickle down was a sham that only benefited the wealthy.

Does anybody remember what Bush1 referred to trickle down as?
31 percent: Top tax rate in 1991
50 percent: Top tax rate in 1986
70 percent: Top tax rate in 1980
91 percent: Top tax rate in 1963
As a mere sperm cell I was not able to come to any conclusions about wealth distribution amongst classes before Reagan became president. I just know that you can't artificially inflate something like wages and not expect those wages to be offset by an increase in cost, reduction in workforce or both. Raising minimum wage at a place like McDonald's for example from 7.25 to 15 dollars - you are getting the same exact production from the worker - they aren't going to magically start cranking out 100 more hamburgers per hour. The owner would still like to make a profit because after all, he put in the hard work and took the investment risks of owning his own business. So what's he going to do?

It's greed on both ends. On the top end the executive has to make 1.5 billion instead of 1.25 billion and on the low end it's entitlement greed. Everybody has "x" so I deserve to have "x" as well. Then I buy "x" with money I didn't have and now I don't have enough to buy "y" which I actually need. The priorities are not in order whatsoever. Most folks could made ends meet if they made better decisions with their money. However that doesn't start at age 30 or 40 when for most that's too late. It starts early in life. Virtually every decision you make in life has consequences. There is no "reset" button, although the government is doing their best to try and create one.

There will always be poor people. There will always be rich people. I don't care if the CEO is snorting coke off a strippers back on a yacht somewhere in the South Pacific while filming it in HD for later viewing on a 106" projector screen.