Here we have another Republican budget aborning. What we have learned from history of such events is that we're in for a recession. Nine out of 10 recessions have happened under Republican administrations. The one Democratic recession happened under Carter was the mildest one. (Source: National Bureau of Economic Research--Business Cycle Dates.)
Trickle down economics is the culprit. If you give rich people lots more money by way of tax cuts they will start businesses and hire lots of people. As Paul Krugman, Nobel Prize winning economic shows in a brilliant essay in The New York Times, it is "a doctrine that has been tested again and again--and has failed every time."
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What you get when you put money in the pockets of rich people is more money in the pockets of rich people.
BILL O’NEILL, Menomonie