http://quietmike.org/2015/10/09/why-we-must-end-trickle-down-economics/
"When Reagan took office in 1981, the wealthiest 1% of the population controlled 8% of the wealth, while the bottom 50% controlled 18%. Today, the top 1% controls 20% of the wealth and the bottom 50% only 13% of the country’s money.
This trend is continuing, and the gap between the elite rich and the rest of our struggling society is widening to a massively obscene chasm not seen since before the Great Depression. The middle class in America is looking for a candidate that will bring a fresh approach to the economic realities of the time in which we live. Harkening back to Ronald Reagan will no longer do.
The term “Trickle-Down Economics” refers to an economic theory that defined the Reagan presidency. It was such a ridiculous concept at the time that it was nicknamed “voodoo economics.” Trickle Down Economics is the theory where allowing the rich to have more economic benefits actually benefits a society as a whole. The theory postulates that upper-level income members of the society will invest that money into the general economy by spending more, investing in the creation of jobs, and so forth."
