Tuesday, October 07, 2008
Obama Describes Trickle Down Economics
In talking about how the credit crisis will affect average Americans, Obama described what Democrats derisively call "trickle down economics". In other words, when businesses, big and small, don't have access to capital, the average American worker suffers. Is the converse not true? When business has more capital to invest (meaning lower taxes), the average American worker benefits. Be consistent, Senator.