Trump and the GOP Are Doubling Down—Again—on Trickle-Down Economics

The GOP was captured by the morbidly rich in the 1880s and has
been dancing to their tune ever since, regularly throwing bones to bigots,
religious zealots, woman haters, and gun nuts to get enough votes to hold power.

Ever since that era, their main focus has been to increase the
wealth of the morbidly rich while keeping down wages and saddling average
people with as much debt as possible. Conservatives believe this crushing of
the middle class is the best way to “ensure social stability” and thus “save
America.”

The first Democratic president to call Republicans out for that
era’s version of trickle-down economics (which back then, before income taxes,
had to do with suppressing wages, fighting the early union movement, and
letting industrial oligarchs wipe out small competitors) was Grover Cleveland,
in his 1888
State of the Union
 speech: “As we view the achievements of aggregated capital, we discover
the existence of trusts, combinations, and monopolies, while the citizen is
struggling far in the rear or is trampled to death beneath an iron heel.
Corporations, which should be the carefully restrained creatures of the law and
the servants of the people, are fast becoming the people’s masters.”

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