SUPPLY SIDE ECONOMICS REVEALED

_______(2006) THE WEEK/ 5/26/ 18

Tax cuts cause those receiving the cuts (usually the very rich) to invest in the economy and the benefits trickle down to the rest of us. Experience proves that it is not true. FOR EVERY DOLLAR OF TAX CUT, THE RETURN IS 17 CENTS. Or for the revenue lost, there is at best a 17% return. You take your pick as the numbers differ slightly. Further since 1981, when there is lost revenue, congress needs to pork barrel or ear  mark for the folks who may have lost back home so for every ONE DOLLAR IN  TAX CUTS, PRODUCE AN EXTRA 15 CENTS IN SPENDING. (majority of information comes from conservative groups.) To get what we have now costs 10 trillion in debt.

______(2006) THE ECONOMIST/ 5/20/68

As the economy changes due to tax and trade policy, the middle class appears to b disappearing.
A large division is dividing or bifurcating, so that there is an upscale market and a down scale market. However, the mid market is going away. In other words, you either have the money to buy big or expensive or you don't have it. Most are going down scale.

Gergen (2006) U.S. NEWS AND WORLD REPORT/5/29/44

 Our standard of living is going down. In terms of new jobs, the biggest employers WALMART and MC DONALDS generated 44% of the jobs. High wage (not defined) created 29% of the jobs.

Note: Sessions and Wortman in WORKING IN AMERICA, two out of three jobs created were minimum wage.