Professor, why humor? Back in the day there was “voodoo” economics and then it was “trickle down” economics, that is, simply put, where you give the rich and corporations heavy tax cuts and the savings will trickle down to all economic strata. The two Bushes are of this thinking.
Let us look at what really happened. Corporate profits have risen by 72% and the income of the richest 0.1% of the population has risen by 51%, while the working class has seen job cuts, stagnate wages, health care cut, etc. That predicted trickle has not made it to the working class; it will NEVER make it to the working class.
The trickle down is a LIE! It will never make it to the point that it was sold to the sleeping public. Where are the realists? Why does not the people have enough sense to see this? Good questions!
First, the realists told the American public it was not a good idea, but they ignored the warnings, just so they could save $7 on the taxes per week. Shortsightedness is the reason; the need for instant gratification is the reason, but the real reason is STUPIDITY! Oh sorry I answered both question with one answer–COOL!
May I suggest that the people spend a little more time educating themselves and a little less time with their butts glued to a sofa. Your only other option is to stay bent over with a jar of vasoline close at hand, that will help make the f*cking by the government a little more comfortable.