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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: John Vosilla who wrote (133413)4/24/2013 8:27:13 AM
From: RetiredNow  Read Replies (1) | Respond to of 149317
 
John,
you see that's the big myth. Everyone thinks that Obama and Bernanke are NOT practicing trickle down, but the evidence is overwhelming that it is EXACTLY what they are practicing. Bernanke himself has said he's aiming for the wealth effect as a desired outcome from QE. What is the wealth effect? Trickle down. Below is the best proof yet that these guys are practicing trickle down. I guess I should say thank you to them for making me wealthier, but is this fair? I think not.



A Rise in Wealth for the Wealthy; Declines for the Lower 93%An Uneven Recovery, 2009-2011
pewsocialtrends.org