Quote:
Originally Posted by slapass
We can blame run away spending etc. But the fact that tax collections as a percent of GDP have been historically low in the US is a problem. Growth never went back to post WWII levels. Trickle down didn't work. The rich were supopsed ot use that extra cash to create jobs and instead it went overseas. .
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That's what many conservatives argue. That the rich will create more jobs and their money will find its way back to the economy but as you said above ... nope.