Saddened...

[postconditional]

Propensity to spend = ratio of saved Vs spent money.

It's always less than 1=100%.
Unless you're poor, then it's less than 0%

Reaganomics trickle-down = Huge tax cuts for the rich.

If you give money to the rich, they'll keep it.
What they don't keep is less than 100% of that, see above.

Before ReaganAfter ReaganTodayTax rate for the rich:~70%~28%~35%CEO

Comments

[roapr5150]

American's want a powerful, effective government and they don't want to pay for any of it.

So toting words like "tax cuts for everyone" will keep getting them re-elected. Then they will cut taxes some more then accuse the Democrats of "raising taxes" kind of like the trap Obama fell into recently by agreeing to cut the "Social Security Tax". That is going to come back to haunt him next year when that tax cut is set to expire.

[postconditional]

Saw your IM, but I was afk. Sorry to take so long to respond. I haven't seen you online.