U.S. Economy: Growth Jumps 5.7%, Fastest Pace in Six Years
January 29, 2010, 12:40 PM EST
The economy tanked during Bush I and Bush II and grew at record paces under Clinton and now Obama. Is it possible that Republican economic policy doesn't work and the Democrats economic policies do? Is it possible that it is better for consumers to extra money than for corporations?
Is it possible that when major corporations are given tax breaks they take the money OUT of the economy and give it to their wealthiest executives who put the money in overseas investments and tax shelters, while consumers will spend their extra money on goods and services in the United States thus creating growth?
Trickle-down economics is, was, and always will be nothing but bunk.