"In fact there is a body of empirical, historical evidence that proves clearly that tax cuts for the rich not only do nothing to spur economic growth - they actually do substantial damage to the prospects for economic growth."
The two main points of Mr. Creamer (and many other actual economists) are concentration of the wealth in a small segment of the population and the starvation of the public sector and the subsequent reduction of disposable income (the infamous "demand" half of the supply/demand equation).
Tax cuts equal high unemployment and economic stagnation. Empirical evidence, anecdotal evidence, and real substantiated economic principles back this up.
When you're in a recession, the problem is that demand is too low, so spending that increases demand really boosts the economy, since it creates demand that entices businesses to hire people who then spend more money and create more jobs -- and so on.
But when you give tax breaks to the rich, they don't spend most of those breaks like a family that needs unemployment. They save and invest a substantial portion. But in a recession you don't need more savings or investment, you need more demand.
Time to change the narrative.
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