A Quote by Rush Limbaugh
This is a guy [Steven Lerner] who believes, for example, that Reaganomics or trickle-down economics means, "The rich got rich by stealing from the poor," or stealing from the middle class and making them poor via debt. He has worked with unions in Europe.
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What I think is bugging this guy [Steven Lerner] is the belief that debt - forced debt upon middle-class people, students (i.e., student loans and so forth) - has made Wall Street bankers and financial people excessively, unfairly, out-of-proportionally rich.
I don't want to remember 2005 as a year that the government heaped unnecessary burdens upon American families. Stealing from the poor and middle class and giving to the rich, while increasing the deficit, is hardly responsible.
Socially, I never belonged to any class, rich or poor. To the rich I was poor, and to the poor I was poor pretending to be like the rich.
Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.
The Democrats tell all the poor people and all of the middle class that they're only where they are 'cause the rich have cheated them, exploited them, or stolen all their money. The way they're gonna make it equal is to take from those people who have just won life's lottery, the premise being that the poor and the rich and the middle class are gonna get the money.
The rich buy assets. The poor only have expenses. The middle class buys liabilities they think are assets. The poor and the middle class work for money. The rich have money work for them.
If you're a rich guy, the best thing you can do is demand tax increases on the rich. That way the poor guy will leave you alone. The middle class and the poor will leave you alone.
For those of you who don't understand Reaganomics, it's based on the principle that the rich and the poor will get the same amount of ice. In Reaganomics, however, the poor get all of theirs in winter.
Growing richer every day, for as rich and poor are relative terms, when the rich are growing poor, it is pretty much the same as if the poor were growing rich. Nobody is poor when the distinction between rich and poor is destroyed.
That was always my experience-a poor boy in a rich town; a poor boy in a rich boy's school; a poor boy in a rich man's club at Princeton .... However, I have never been able to forgive the rich for being rich, and it has colored my entire life and works.
The "trickle-down" theory: the principle that the poor, who must subsist on table scraps dropped by the rich, can best be served by giving the rich bigger meals.
It is easy to say that there are the rich and the poor, and so something should be done. But in history, there are always the rich and the poor. If the poor were not as poor, we would still call them the poor. I mean, whoever has less can be called the poor. You will always have the 10% that have less and the 10% that have the most.
Barack Obama destroyed the middle class. Whatever you want to say about his rhetoric, the rich got richer, but the poor got poorer, and the middle class got wiped out. That's really what Trump appealed to and inspired in the forgotten man.
I grew up in Northern Ireland, in the middle of nowhere, and when you are poor, you are really poor. And when you are rich, you are very rich. This is not a new phenomenon.
One of the Great Rules of Economics According to John Green If you are rich, you have to be an idiot not to stay rich. And if you are poor, you have to be really smart to get rich.
As long as there's anybody that's poor or middle class, there will not be satisfaction that there are rich people. Not 'til we get rid of all the rich can we say we have finished the job.
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