The Federal Reserve says that American families lost 40% of their net worth between 2007 and 2010.
This proves once and for all that “trickle down” economics works — it is the trickle down of failed Keynesian policies of the Obama big-government solutions. Just as supply side economics leads to trickle down as in “sharing the wealth”, the big-government, wealth redistribution side economics leads to trickle down as in “sharing the poverty.”