Supply Side Trickle News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Trickled down bandwagon? >> well, you said it doesn't work. that's true. it doesn't work if you're looking for better outcomes in terms of productivity and particularly jobs. but it does work if you actually want higher income people to have higher income. the severely nonpartisan congressional research service not only found the results that we were just talking about regarding job growth, economic growth, it also found where you do find a real relationship between high-end supply side trickle down tax cuts is with increased income and equality and, frankly, i think we got enough of that righ...

It's more than silver. it's important. we're moving there too slowly. then he's perfectly within his rights to say compare moving in the right direction with me and my ideas to the kinds of ideas you heard last week and the week before from the republicans. the supply side trickle down stuff that got us into this mess in the first place. i happen to agree with that. the historical record for that tax cut at the top and deregulation is terrible for jobs and growth. we need to do more to accelerate, to speed up the rate of job growth, but there's no question we're moving in the right direction. ...

That would be the ultra libertarian writer whom paul ryan cited as the inspiration for his political career. let's bring in jerrod bernstein who happens to be a genius to help break this down. >> i don't know about that. i did reason rand. i wasn't quite as moved as certain other people were today. >> it's really bit of lipstick on the old, shall we say, supply side pig we got under presidents reagan and both bushes and, of course, the record under bill clinton was much better especially for the middle class. growth was two times higher under clinton. so the question i guess i'm going to put t...

Ulterior motive behind this plan which is, as you point out in terms of the redistribution of wealth, let's spread the wealth back up top. never mind what happens to everyone else. >> let's just think about how supply side trickle down is supposed to work. the idea is that if you provide higher after tax incomes for people at the very top of the scale, they'll create a lot more economic activity that will create new opportunities and jobs for everybody else, investment, jobs, all the things we've been talking about. what's the one thing folks at the top have a lot of right now? and that's afte...

Romney and paul ryan agree on is that the financial sector should police it self. so whether you're looking at oversite, whether you're looking at growth in gdp, job, middle class incomes, wages, supply side trickle down really accomplishes two things very he canively. it redistributes income from the middle, bottom to the top, and it wrecks the budget. that's where we get these deficits from. >> it feels like a back to the future if we're going to go back to saying the financial sector gets to police it self, how did that work out the last time. look at wages which is another area of concern ...