June 20, 2015

Billionaire Calls Trickle Down Economics a “Scam,” a “Con Job”, and “An intimidation Tactic”

http://thedailybanter.com/2015/06/billionaire-calls-trickle-down-economics-a-scam-a-con-job-and-an-intimidation-tactic/
"The fundamental law of capitalism is: when workers have more money, businesses have more customers, and need more workers. The idea that high wages equals low employment, it’s absurd. And you have to understand that when somebody like me tells somebody like you that [high wages equals low employment] is the case, the only thing that’s true about that statement is that if I can get you to believe it, it would be very good for me."