Forget Trickle-down BS—Let’s Push Percolate-up Economics
The past year proves that a lot of conventional economic wisdom is neither true nor wise. For example: “We don’t have the money.” The power elites tell us it would be nice to do the big-ticket reforms America needs, but the money just isn’t there. Then a pandemic slammed into America, and suddenly trillions of dollars gushed out of Washington for everything from subsidizing meatpackers to developing vaccines, revealing that the money is there. “We can’t increase the federal debt!” Yet, Trump and the Republican Congress didn’t hesitate to shove the national debt through the roof in 2017 to let a few corporations and billionaires …