Video & Multimedia
Related: About this forumPunish Republicans with this part of the Biden speech every time they object to his agenda.
I have heard Democrats touch trickle-down economics on the edges. But they always seem to fear hitting it not only head-on but for decimation. Biden did it.
https://egbertowillies.com/2021/04/29/punish-republicans-with-this-part-of-the-biden-speech-every-time-they-object-to-his-agenda/
overleft
(357 posts)on (peed on) from the richer class.
KPN
(15,662 posts)jaxexpat
(6,854 posts)Reagan told whoever would listen how, in his world, the economy worked. Needless to say his economic theory had no support from those who lived off paychecks. They had little patience with "complex", circular conversations. The underlying message that those folks DID get, however, was the one about placing blame and justifying hatred for the "takers", those on "welfare", the imaginary evil doers out to steal from you the fruits of your hard work. This, their go-to cover up, has been hugely successful in the years since. It is about damn time somebody stood up and in a position of power call that lie for what it was and is. Revealing in no uncertain terms how the wealthy have reaped rewards well beyond their worthiness or usefulness, gutting our government in the name of reform to leave only the skeleton of a democracy, a facade masking the plutocracy our US has become.
It may be too late. There was no "defeated cause" look on McCarthy's face even while, for all to see, his fraud was plainly being called out. It's, in his mind, still business as usual.
KPN
(15,662 posts)defection and deception. Only now is it finally being called out in conspicuous fashion. It may, in fact, be too late as you speculated. Lets hope not, lets hope Biden truly is transformational. In the meantime, thank God for the likes of Bernie Sanders, E. Warren, Robert Reich, Paul Krugman, etc., who greased the skids with the American public and fellow legislators over the past 20 years to make this moment possible.
jaxexpat
(6,854 posts)brewens
(13,623 posts)about who they take tax dollars from, it's who rakes in all the dough. Many of the 1% are way in the black on our tax dollars. They rake in more than they ever pay out. It's like in the middle ages where the ruling class lived off taxing their peasants.
Look at a corporate office at a defense contractor. Their salary and bonuses are all courtesy of us tax payers. You can say the same of any corporation that does a lot of business with federal, state and local government. Oil companies. We buy a lot of fuel from them for the government and military. You could put an exact dollar figure on just what percentage of their executives income is tax dollars. I bet it's higher than their tax bill.
2Gingersnaps
(1,000 posts)have been saying this for years. We fell starving on to these shores to escape feudalism, and then rebuilt it here, particularly in the last forty years.
panfluteman
(2,069 posts)Ever since the days of Reagan, which you all speak of, the educational system has constantly been dumbed down. Now, those coming out of our public education system are no longer able to think critically, for themselves - which is what, traditionally speaking, the American educational system was noted for. And independent, critical thinking - in other words, the ability to sort arguments out, pro and con, to discern fundamental truths from lesser truths, or even half truths or outright lies - is the foundation that a healthy, well functioning democracy should be built on. In other words: EDUCATION IS THE IMMUNE SYSTEM OF A DEMOCRACY!
Joe is telling the American public the truth now, but how many will be able to recognize and ground themselves in this truth, and not be taken in by the next snow job put over on them by the next Republican administration, and not get taken for a ride by it? Here's another point: Without an educated public adequately able to discern between truths, half truths and outright lies, our path going forward as a nation will be a very disjointed and schizoid one. Future Republican administrations will continue to push the lie of trickle down economics because they know that they can get away with it. And what will it take, then, for Joe Biden to kill and bury the old lie of trickle down economics so thoroughly that it could never again be revived? Without a well educated and discerning electorate, the answer to that question may be that it's totally impossible. We'd be helplessly tossed about, to and fro, like leaves on a stormy sea.