For years, economists have warned that a large percentage of Americans had very little savings and were one “broken water heater” away from economic disaster. This is all coming true now. This proves that trickle down economics the GOP has touted for decades doesn’t work.
“The numbers turning to food banks are just enormous and beyond the capacity... It is like a third world country. The public social safety net is not working.”
Joseph Stiglitz, Nobel prize-winning economist, on how we're coping with coronavirus. @JosephEStiglitz
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Art laffer is still out there pushing his bullshit to anyone that will listen. It was folly in the Reagan years and it’s deadly now
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