
Yes… A terrible outcome that we all want to avoid…
If I can’t share a Curly Wurly then it’s not a revolution.
Yes… A terrible outcome that we all want to avoid…
CEOs were “reluctant to say anything publicly,” and were waiting until the market dropped 20 percent before they would go on record saying anything critical about the president.
At that point the horse has truly bolted my dudes. The only plus is that I enjoy the idea of these greedy fucks squirming as everything they ever wanted blows up in their faces.
I don’t know what people find so confusing about this. This is the business mindset. If you’re not growing your failing. Empires get bigger by taking more land. Therefore the American empire must take more land. It’s not rocket science. It’s a child’s view of ‘winning’.
https://academic.oup.com/ser/article/20/2/539/6500315
The economic consequences of major tax cuts for the rich
This article contributes to this debate by utilizing a newly constructed indicator of taxes on the rich to identify all instances of major tax reductions on the rich in 18 Organisation for Economic Co-operation and Development (OECD) countries between 1965 and 2015. We then estimate the average effects of these major tax reforms on key macroeconomic aggregates. We find tax cuts for the rich lead to higher income inequality in both the short- and medium-term. In contrast, such reforms do not have any significant effect on economic growth or unemployment. Our results therefore provide strong evidence against the influential political–economic idea that tax cuts for the rich ‘trickle down’ to boost the wider economy.
I use an RSS app called Feeder, and Lemmy. I find I go back to The Conversation a lot as I find it covers topics in a calm tone of voice and with a level of academic rigor that I appreciate.