The Rabbi
Diamond Member
- Sep 16, 2009
- 67,733
- 7,923
It's amazing, no? Dems point out how bad the economy is and say with a straight face it's the GOP's fault. Totally forgetting who has controlled the WH for 6 years and Congress for 8. It's like Democrats were never in power. Total amnesia.She keeps making points against "Trickle Down", gotta love Elizabeth Warren.
Elizabeth Warren Fights Back Against the Magical Accounting of Trickle-Down Economics Mother Jones
Elizabeth Warren says "America's middle class is in deep trouble." Although general economic indicators are on the rise, the Massachusetts senator argued in a speech Wednesday morning, pay has stagnated for all but the richest Americans—and trickle-down voodoo economics and loose Wall Street regulation are to blame. And although Warren has given every indication that she's happy to remain in the Senate and pass on liberals' hopes that she'll run for president in 2016, her speech—at an AFL-CIO conference on wages—had the tone of a presidential campaign barnstormer.
Warren kicked off her address by noting that the current economic recovery, while real, hasn't helped most Americans. The stock market's up, but half the country doesn't own any stocks. Inflation is low, but that doesn't matter for millennials burdened by overwhelming student debt. Corporate profits have risen, but that hardly matters to people who work at Walmart and are paid so little that they still need food stamps, Warren said.
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So she's blaming Obama and the Dims for "trickle down" economics? Are they the ones who plotted the economic course we've been on for the last 6 years?