It will assumedly send so much more money cascading upward that the copious funding of future 1% elections will be guaranteed for our “democratic” lifetimes. And if anyone was in doubt about the nature of Donald Trump’s “populism,” he answered that question within weeks of his election when he began appointing the wealthiest cabinet in American history. It was already clear by then who he really thought the “forgotten men and women of this country” were: former Goldman Sachs partners with at least a few hundred million dollars in their pockets. In this new Gilded Age (in which, I suspect, disparities in wealth may actually become worse than in the nineteenth century version of the same), isn’t it time to stop talking about “trickle down economics” and come up with some new phrase? Gusher economics?

Source: Huffington Post November 28, 2017 21:00 UTC