Economics is not a Hard Science. And is a Rather Dismal Social Science.
Economics pretends that its analytics amounts to scientific reasoning with useful findings. The truth is, economics is a political endeavor where predetermined conclusions come from the author's bias.
Economics is not a hard science. Outside of some simple truths of the supply and demand curve, there is no testable economics hypothesis that accounts for all the variables of human behavior.
At best, economics is one of the humanities. In all honesty, economics is political philosophy.
The only thing we have is historical data. The historical data is quite clear: trickle down supply side economics is a fraud perpetuated by both parties. Republicans want to take this fraud to its most extreme and likely end where you and I get screwed and the wealthiest become even wealthier. Democrats want to mitigate the worst aspects of this fraud in order to still protect the billionaires and corporations. Do not worry, with the Democrats, you and I will still be getting screwed.
If you want concentrated wealth in the hands of a few, an ever shrinking middle class and ever increasing wealth inequality, then you have a winner in trickle down economics, the current system.
If you want wealth in the hands of the multitudes who labored to create it, an ever growing middle class and an amount of wealth inequality that does not destroy society, then you only have to do this one simple trick proven by history, tax the excessive wealth of the excessively wealthy and return that wealth to the workers who labored to create it.
Taxing excessive wealth does not change the fact that a government still has leverage on the economy through fiscal and monetary policy. Taxing excessive wealth simply returns your hard earned money to you. Your wallet gets fatter. Your life improves. The billionaires and corporations will not suffer one bit.
So why believe the lies? Why vote against your own self-interest? Why accept things as they are as though you have no power to change anything?
Stop listening to billionaires. Start acting in your own self-interest. Be a wise economist and demand that we tax the excessive wealth of the billionaires, multi-millionaires and large corporations.
No fear, only love.
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