Re: Reaganomics & David Stockman

I didn't believe "their" trickledown theory when the tax cut was passed, as DEMANDED by Reagan of the Democrat-controlled Legislature. I was really impressed that David Stockman spoke the truth and was fired later in the week. I wish I could find the speech David made at Johns Hopkins University after he was fired. I heard the speech on C-SPAN and even sent $10 for the speech as directed at the end of the program. (But, I never received a copy of the speech.)

The next disgraceful thing is how poor America's memory is that trickledown doesn't work. Bush has passed his Tax Cut and then CONTINUED the Tax Cuts during his falsely-justified WAR. Why isn't America absolutely irate about the continuation of those Tax Cuts during the WAR? American don't even know that the Tax Cuts provide $123,000 or $125,000 for each million of salary. That means President Bush gets a tax cut of at least $125,000 each year and therefore, $500,000 for each four year term of office, what a disgrace.

I am looking forward to the time that our Slimy Secretary of the Treasury offers our Government Bonds for sale, (to support our deficit spending), and the Saudi's, China and Japan sit back and say, interest rate is too low. Then those investors don't put their money until the interest rate of the bonds is 12%. (That would put our prime rate at about 8.5%) Maybe that day for America will give all of these Red State Fools a wake-up call to this Administration.

The Bush trickledown theory is not working either. Americans should look at the salary increases for CEO versus workers over the last 10 years. (About 500% versus 5% or negative)