"A huge majority of Republicans living in poverty completely bought into the concept of trickle-down economics, and defended the richest people in America. Over 90% of them thought taxes were too high, especially for the wealthiest 1%, who respondents believed were being prevented from creating jobs," explained TNA Senior Researcher Dick Schneider.
|President Reagan speaks to the nation on July 27, 1981 and sells the economic |
disaster of Reaganomics AKA trickle-down economics AKA voodoo economics.
Schneider added, "Nearly 100% of survey participants blamed the government for 'too much regulation,' though no one could cite a single example of regulations that harmed the American economy. When asked about whether commercial and financial banks should be split-up, participants developed glazed over looks and accused us of 'class warfare.'"
"This survey is a liberal conspiracy. I may not know much about how the economy works, but I know an educated liberal elitist when I see one. So stop talking about 'income equality' and pushing big government. Keep your government away from my Social Security," replied one respondent.
Virtually all Republicans who participated in the survey thought trickle-down economics "just needed more time to work" even though the theory had been consistently making the rich richer and the poor poorer since 1981 when Reagan became president.