Do we as a nation really want to commit economic suicide by continuing failed trickle down policies?
Noble Prize-winning economist Joseph E. Stiglitz stated unequivocally in a recent radio interview that “…trickle down economics does not work…” The June 29th interview on WHYY was about his new book, “The Price of Inequality, How Today’s Divided Society Endangers Our Future.”
He went on to say that there is no proof that trickle down works. In fact there is an enormous amount of evidence proving that it doesn’t. And that we are harming ourselves drastically by deluding ourselves that it does.
America is close to becoming a failed state because of our current outrageous level of inequality.
Are we people with rational minds? Or are we lemmings intent on suicide?
Copyright 2012 The Moderate Voice