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Bill Knight - September 13
11:35 am
Wed September 12, 2012

Voodoo Economics in the 21st Century

Bill Knight

Big banks, corporations and Wall Street are making record profits, but workers, small businesses and Main Street are suffering. Will voters blame President Obama or the real culprits?

After decades of deregulating and tax-cutting for the wealthiest corporations and the rich (so these ‘job creators” will help the economy, supposedly), results show that the theory of “trickle-down” economics – which claimed that benefits gained by the affluent eventually will drip down to the rest of us – has failed.

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