Skip to main content

Information is power. Our mission at Portside is to seek out and to provide information that empowers you -- that empowers the left. Every day we search hundreds of sources to connect you with the most interesting, striking and useful material. Just once a year we appeal to you to contribute to make it possible to continue this work. Please help.

 

The Fed, Apple, and Trickle-Down Economics

printer friendly  
,

'Trickle-down economics is the first cousin of austerity economics. Austerity is nuts when so many millions are out of work. And as we've learned before, trickle-down is a fraud. Nothing ever trickles down.'

Economist Robert Reich
'A Story for May Day: The Fed,
Apple, and Trickle-Down
Economics'