http://www.creators.com/opinion/paul-craig-roberts.html?columnsName=pcr

Paul Craig Roberts refers to the U.S. as a “failed state”. The Democratic party has abandoned the people – its true, now betrayed, constituency. The reverse Robin Hoodism going on he defines as “trickle-up” economics.

1) Paul Craig Roberts (“Trickle-up Economics”)

In a failed state, the government’s priorities are totally separate from those of the people. The U.S. can’t afford health care or a bailout for jobless homeowners, but it can afford a pointless war and multimillion-dollar bonuses for banksters who wrecked the economy. Millions of laid-off workers lost their health insurance subsidies on Dec. 1, the day President Obama announced a $30 billion “surge” in Afghanistan.

Why does President Obama think the U.S. can afford a war in Afghanistan when the U.S. economy is falling apart? Massive joblessness. Massive homelessness. Millions of Americans without medical care.

[snip]

This is called “trickle-up” economics. You tax the little guy and give the money to the armaments companies.

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