What American author and journalist William Blum says here seems correct.
The reason trickle-down economics doesn’t work is that making rich people richer does not provide them with any incentive to hire additional people.
I had over 100 employees at one point in the 1990s, and the only thing that made me even consider hiring one more was that I knew that my delivery unit would be incapable of serving our clients adequately if I didn’t.
I’m not a miser, but in the absence of that pressure, I would have kept my money in my pocket.
Renewable Energy
Evaluating California and its Governor
Hmm. He’s the governor of the most populous state in the country, whose revenues, if it were a country, would make it the fourth largest economy on Earth. His state ranks in the top five in terms of colleges and universities. We’re wealthy, well-educated, and extremely productive.
It’s true that he’s not a Trump supporter, but California (and the rest of the world) generally regards the current U.S. president as a criminal sociopath.
Yes, that infuriates folks who are poor, ignorant, racist, and disease-ridden, but generally speaking, it doesn’t bother Californians.
Renewable Energy
Fixing America
Improving our broken, pathetic educational system is important, but it’s only a part of the solution. Trump’s support is based on the fact that a) most rich people are selfish pigs, and b) most white poor people are hateful racists.
Decency is not taught directly in school (though it’s true that reading the world’s great books goes a long way to creating enlightened minds).
Renewable Energy
The “Dismantling” of America and Its People
Here’s a short video from actor Richard Gere that speaks a few concise words to Americans.
How did we get to this horrible point?
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