The theory "underlying" trickle down was just to get Congress to go along.
Even David Stockman is pissed about the way the greatest concentration of wealth in human history is being squandered. Pruneface's budget guru added up all the GDP and estimated the stuff from the middle ages to the presrnt day. Whatever. His real point is that most of THAT has ended up in the pockets of the greedhead plutocrats' pockets.
http://www.cbsnews.com/video/watch/?id=7009217n&tag=related;photovideo
"In 1985, the top five percent of the households, wealthiest five percent, had net worth of $8 trillion, which is a lot. Today, after serial bubble after serial bubble, the top five percent have net worth of $40 trillion," he explained. "The top five percent have gained more wealth than the whole human race had created prior to 1980." -- David Stockman
SOURCE: http://www.cbsnews.com/stories/2010/10/28/60minutes/main6999906_page4.shtml
And to think there are kids in America who would go to bed hungry every night if they had one.
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