Trickle down economics. The only problem was that it was and still is a lie. Corporate welfare doesn’t translate to the general public. Cutting corporate taxes

Trickle down economics. The only problem was that it was and still is a lie. Corporate welfare doesn’t translate to the general public. Cutting corporate taxes didn’t massively increase jobs. During the Trump Administration several companies made public statements that the tax cuts proposed and the enacted would allow them to keep their manufacturing in the US. Then after they were made law what did they do? Harley Davidson decided that actually they were going to offshore anyways and close their factory. Not all rich people are bad. There are very wealthy people advocating for increased taxes on themselves. But many have a vested interest in maintaining and accumulating more wealth. The government allowed these things to happen, specifically because people with wealth and in power colluded to change and create policy. This is the point of lobbying, not to mention literal regulatory capture (FCC, Ajit Pai). Republicans/conservatives howl and scream about social welfare programs but are all too happy and eager to provide corporate welfare. The result is plain to see.