Monday, June 15, 2020

Why Conservative Economic Policy is the Root of our Economic Troubles

The core principles of conservative economic policy (aka neoliberalism):
  1. Reduce taxes for the rich in the hope that they will invest and create jobs. WRONG: This policy has negative results in the age of automation, offshoring and financial tricks. Employees' wages cut into profits and the employers want to keep them low or non-existent. This only WIDENS the gap between rich and poor and reduces money available to the government to make needed infrastructure improvements, for education, healthcare, social support services, etc.

Wednesday, June 10, 2020

Neoliberal Economics in a Nutshell

Economically, we should all know by now that Neoliberal Economic Policy favoured by Republicans (and Conservatives) only ultimately siphons money up from the average tax payer to the very rich and leaves infrastructure dwindling away - except for Police and Military (who replaced "Social Programs") - and leaves the poor without anything.

That is why the income gap has been growing since the era of Reagan and Thatcher - and that is why a lot of things that you see now are happening 😕