Straggler writes:
Is the graph I stole from RAZ the be-all-and-end-all of evidence against trickle down theory? Or is there more?
There is more.
If so what is the core evidence that refutes trickle down economic theory?
Most people are selfish fucking idiots.
Elaboration: Were people not selfish fucking idiots, "trickle down economics" would indeed mean that rich bastards wouldn't order 7 more houses with 23 bathrooms (you being English, can perhaps explain this, why does having one bathroom per bedchamber matter? I ask this because of all the "buying a new house in the UK" shows I've seen on the telly, most people are like "ooh, this one's got 3 bathrooms! LIKE!"), they build an entire block of new houses, renting them out.
That's investment.
™ Version 4.2
