Remember #VoodooEconomics? They lied and the tax cuts never trickled down to the poor and everyday American.

THEY caused the problem and forced Americans into smaller and smaller families. Their lies about economics is what triggered the lowering birthrate, not access to abortions and birth control.

Does #Trump really want to go back to the 80s? Fine. Let's bring back the top marginal tax rate of 50%.

When the Trump tax cuts expire, they only go up from 37% to 39.5%. Make them 50%.

A similar pro-Musk surge in #Crypto currencies.

And #Dow surged as well.

You can tell who expects to benefit most from Trump. Not us.

So why did so many who won't benefit from these promised Trump policies #vote for him?

Well, I guess they expect those benefits to #TrickleDown to them.

But here's the thing: we already proved frmr Republican POTUS Geo. H. W. Bush was right when he called "#TrickleDown" economic theory "#VooDooEconomics."

Don't hold your breath.

#Election2024 #Elections

@kingkaufman '"Based on our research, we would argue that the economic rationale for keeping taxes on the rich low is weak," Julian Limberg, a co-author of the study and a lecturer in public policy at King's College London, said in an email to CBS MoneyWatch.'

Right, of course. Other than a handful of true believers, most of us knew that back then. Trickle-down "economic analysis" was just a fig leaf for conservative politicians to funnel money into the pockets of their patrons. Even George Bush Sr called it what it is back in 1980.

#uspol #voodooeconomics