Republicans just love their trickle down economics.  Make the mucky-mucks happy at the top, and the good times will eventually dribble down onto the hoi polloi.  What we've got now shows that they have it exactly backwards.  What we are seeing now is, and you heard it hear first...

Trickle Up Economics

I just heard on National Public Radio that the consumer confidence index is at the lowest ever point since they started tracking such things.  It gives lie to the "trickle down" that has supposedly happened.  What's going on?

1. The first ones to get hit by an economic crisis are those on the bottom.  Low-paying jobs are lost, industry is shut down.
2. No salary leads to lessened purchases.
3. Lessened purchases leads to less sales tax being collected.
4. Lessened sales taxes leads to not enough money coming into the state coffers...
5. leading to big state deficits.
6. Which finally ends up with:
7. Reduced state services to everyone.

Bad times lead to worse times for the state.  When the folks on the bottom and middle class can't buy things, everyone is punished.  Except, of course, for those folks on the top, insulated by their golden parachutes. 

Trickle down just gets those folks underneath sodden with an unmentionable sprinkle, trickle up hurts us all.  Tax cuts for the rich, per McCain and company are great for the top.  Cutting taxes for the middle, per Obama and company, gets the sales tax sources back in play are helps the economy.