• Letme@lemmy.world
    link
    fedilink
    arrow-up
    26
    ·
    18 days ago

    Trump/Pence did nothing more than ride the Obama/Biden economic trajectory, until they bungled their Covid response and crashed the economy, then printed and gave away so much money that inflation ran out of control.

  • sumguyonline@lemmy.world
    link
    fedilink
    arrow-up
    19
    ·
    18 days ago

    It doesn’t. The riches tax cuts are still in affect, the lower earners had their taxes increased with no increase in wages. Trickle down economics doesn’t work because people are selfish.

  • cheese_greater@lemmy.world
    link
    fedilink
    arrow-up
    14
    ·
    edit-2
    17 days ago

    There isn’t any. The cake is a lie. Every time they reduce their taxes both corporately and personally more debt is taken on, services are cut, companies buy back stocks to consolidate more control and engorge themselves and have more spare fat to buy the political system and its players.

    Its literally Fucking around and having the money to never find out, but society is left holding the bag

    I think the closer approach is Georgism and the land value tax or something along those lines