www.addictinginfo.org/2014/04/18/jp-morgan-admits-trickle-down-economics-has-completely-failed/
"That example is very simple, but it illustrates the buying power of the middle class — IF they have the money to spend. That buying power has been steadily eroded over the past 30 plus years of Reagan’s trickle down economics. Add to the mix the offshoring of jobs, a move from a manufacturing economy to a service economy, and a tax structure that favors the wealthy. The middle class has watched the failure of trickle down from the time it started. Now at least some in the financial sector are starting to see it as a failure as well. When will Republican politicians stop worshiping at the alter of trickle down? Don’t hold your breath while waiting."
