Does Trickle Down Economics Help The Middle Class?

Monday, November 27, 2017
All of my friends who read this will have their rehearsed defense or hated rhetoric, either side, claiming to have the right answer on tax reform. My question is what is the right answer?
 
Most of us are aware that Reagan started what is called "trickle down economics."   We do not fully understand what it is or, importantly, what is it actually supposed to do? For starters the theory suggests that if we give corporations more money in the form of tax benefits all will be happy.
 
I am a very middle class taxpayer. How does giving more money to big corporations really help me? I know the answer some of you will suggest but can those that know the answer point to when, where and how these benefits actually helped me and the many millions of people just like me?
 
This is not a rhetorical question. I seriously would like to hear from some expert, not canned "smoke gets in your eyes" talk but factual data supporting huge tax benefits to the rich while I and my millions of brothers and sisters get crumbs.
 
 Our president so often during his almost one year has failed to convince me of nearly anything except the day of the week.  He is a master fibbing talking machine and Senator Alexander replied to my query by sending me the canned version of Republican speak.
 
I ask do we elect folk to represent us in Congress or do these folk represent only interests that benefit themselves and assure their re-election? Wonder if we could have a serious talk about politics in the United States?
 
Robert Brooks

 

 

 

 



Happy Birthday ToThe Williams/Hardy House

The Williams/Hardy House celebrates its 90th anniversary on Lookout Mountain this year.  Designed by local architect Clarence T. Jones the main house was built for Mrs. Ethel Soper Hardy.  Work began in spring and completed by late summer to early fall in 1928.  The Williams family would later occupy the house for nearly 60 years before it was purchased by the National ... (click for more)

Roy Exum: Driving In Reverse

When I was putting together The Saturday Funnies column the other day, there was a particular quote that resonated with me. The great writer Jodi Picoult once said, "My dad used to say that living with regrets was like driving a car that only moved in reverse." I love that and it’s true. Some hours later, as my dog and I sat in the dark, I thought a little more about that. If ... (click for more)

Attorney Davis Says Other Driver In Styles Case Pulled Gun While Driving Wildly; Denies Radio Host "Blacked Out"

Attorney Lee Davis said the other driver in a Friday road rage incident in Hixson pulled a gun on radio personality Jeff Styles while driving wildly.  He denied that the talk show host blacked out.  Jeff Styles, who was shot in the forearm, was charged with aggravated assault and vandalism. The other driver, Nickolas Bullington, was not charged. Police said ... (click for more)

Gerald McCormick Pulling Out Of House Race

Former House Majority Leader Gerald McCormick has decided to pull out of the House District 26 race and take a position with an engineering firm in Nashville. He told the Chattanooga Times Free Press the move would still give Republicans a seven-day window to find a replacement as the election nears. His wife, Kim, earlier took a position with the State Board of Regents in ... (click for more)

Lookouts Break Out Their Bats In Saturday's Rain Shortened Game Beating Barons, 12-2

Birmingham AL --  On a wet night at Regions Field, the Birmingham Barons (32-36) fell to the Chattanooga Lookouts (36-33) by a 12-2 score on Saturday night in a rain-shortened contest. The Birmingham loss evens up the five-game series at two games each with one game to play in the first half. Rain and the Lookouts were the winners on Saturday night in Birmingham as the ... (click for more)

CFC Wins 2-0 At Inter Nashville FC

Chattanooga FC remained undefeated in NPSL play Wednesday night, beating Inter Nashville FC 2-0 in Nashville.   David Valenciano had CFC's first goal late in the first half.  Jose "Zeca" Ferraz scored the second goal minutes before the final whistle.  This is the fourth road game in the last two weeks and they play their final rode game at New ... (click for more)