Do you know about - Crazy Graphs: Rich Vs Middle Class & Poor
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Crazy Graphs: Rich Vs Middle Class & Poor Video Clips. Duration : 4.72 Mins.We had a good read. For the benefit of yourself. Be sure to read to the end. I want you to get good knowledge from Free Stock Quotes . Modern Day advocates of this intellectually bankrupt strategy (primarily Republicans) will say "A rising tide lifts all boats". Interestingly, this aphorism was originally credited to JFK, who was defending a dam project. This was also a favorite quote of CitiGroup's Robert Rubin (who was also the US Treasury Secretary during President Clinton) The following video illustrates that, quite definitively, that the term 'trickle-down' is not apt. It turns out the wealth never even so much as trickled down. More than 70% of the nation's wealth is controlled by the top 10% and the bottom half of the country only has 2.5% of the nation's wealth. This is the biggest disparity of incomes since the 1920s. Supply-Side, or Trickle-Down economics promised that by cutting taxes for the rich, the middle class would flourish. Turns out the never happened. Other graphs in this clip include a graph that compares the share of capital income earned by the top 1% versus the bottom 80%. Description by Chris Novembrino. DISCOUNTS: www.theyoungturks.com FREE Month Of Movies(!): www.netflix.com New TYT Facebook Page(!): www.facebook.com Follow us on Twitter: twitter.com TYT Network (new WTF?! channel): www.youtube.com Check Out TYT Interviews www.youtube.com Watch more at www.theyoungturks.com
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