To be clear: this isn’t the “we stopped paying promised grant money” but is literally the federal government yanking money out of an NYC bank account.
To be clear: this isn’t the “we stopped paying promised grant money” but is literally the federal government yanking money out of an NYC bank account.
If trickle down economics works explain this
Explain what? I see the current poverty rate is very similar to the 1980 level.
Exactly, nothing has trickled down.
It did trickled down significantly.
Poverty rate is relative. If poverty rate doesn’t increase and GDP grow more than normal, then in absolute terms it is better for lower and middle class. That is exactly what happened. See the chart below.
US GDP as a % of G7 GDP
Whoops wrong again
Hard to read this chart. The poverty rate trend and US GDP as a % of G7 GDP is very clear.
Yes, it is very clear that trickle down economy doesn’t and never worked.
Opposite. It is. Very clear it is working well.
Trickle down working to you means the poorest Americans have not increased in net worth and the wealthiest Americans are getting richer? How is that wealth, which is being funneled to to top, “trickling down”. Maybe turn your phone right side up so you can see how the graphs are supposed to look.