PERSISTENT HOAX

The biggest fable of all is the “Don’t Tax the Job Creators” doctrine, formally called “Supply Side Economics”, “Trickle Down Economics” or, if you prefer, “Reaganomics”.  It’s a hoax; a hoax that has persisted for 30 years in spite of contrary evidence. It will not work, does not work and never has worked (except for the very wealthy, the 1%).  Graphs help make the truth vividly apparent.   This graph is just one of several that show that since the advent of Reagonomics the very wealthy have exceedingly benefited more than others.  Not convinced that Reagonomics is bad for you, then find more evidence at A Civil American Debate for an essay that provides a detailed factual scholarly analysis of this graph and several others.

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