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Originally posted by moorookamick:
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A 2014 study by researchers at Princeton and Northwestern concludes that government (USA)policies reflect the desires of the wealthy, and that the vast majority of American citizens have "minuscule, near-zero, statistically non-significant impact upon public policy … when a majority of citizens disagrees with economic elites and/or with organized interests, they generally lose."[79][80][81] When Fed chair Janet Yellen was questioned by Bernie Sanders about the study at a congressional hearing in May 2014, she responded "There’s no question that we’ve had a trend toward growing inequality" and that this trend "can shape [and] determine the ability of different groups to participate equally in a democracy and have grave effects on social stability over time."[82](source Wikipedia)
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The phoney thing about "Trumpeconomics " is that politically he preaches to te "deplorables " about making America great again while economically he has cut corporate tax for the uber Rich (eg Bezos, Buffett, Gates, Zuckerberg etc.) This is uber trickle down economics, IMO!
