Ted Rall for November 03, 2008
How trickledown economics work. Take a worker who earns $10 an hour. Cut her pay in half. Now she earns $5 an hour. (Woman: Hey!) (Man: I'm doing this for you!) The worker's boss invests the $5 he saved. The economy grows. Soon he's doing so well that he can pay his worker $12 an hour. Now the worker earns $12 an hour. Cut her pay in half. Now she earns $6 an hour. (Woman: But-) Again, the boss invests the other $6. The economy grows even faster; the worker earns even more. Now the worker earns $14 an hour- more than she did before.