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Michael Hudson Quotes: Trump's junk economics is the illusion that if we cut the taxes on the wealthiest brackets, it'll all trickle down. But it doesn't trickle down.
         

Trump's junk economics is the illusion that if we cut the taxes on the wealthiest brackets, it'll all trickle down. But it doesn't trickle down.


Michael Hudson
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Other quotes of Michael Hudson


We go forward with our heads held high, but look back and remember where we come from.

We go forward with our heads held high, but look back and remember where we come from.



You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.

You have a choice. Either you can have more oil, or more clean water. Fracking is not good for the water supply.



The one sure mark of a con, though, is the promise of free money.

The one sure mark of a con, though, is the promise of free money.



What's bad for the frackers usually is good for the rest of the world.

What's bad for the frackers usually is good for the rest of the world.



Nothing could be better for the economy than to get rid of fracking.

Nothing could be better for the economy than to get rid of fracking.



Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.

Every government, from the Obama administration right through to Angela Merkel, the Eurozone and the IMF, promise to save the banks, not the economy.



Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."

Elites play the role today that landlords played under feudalism. They levy interest and financial fees that are like a tax, to support what the classical economists called "unproductive activity."



Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.

Nobody prefers to earn income any more, because that's taxable. Rich people prefer to make capital gains.



We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.

We're still in the collapse that began after 2008. There's not a new collapse, there hasn't been a recovery.



To the deficit commission, a depression is the solution to the problem, not a problem.

To the deficit commission, a depression is the solution to the problem, not a problem.





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Marriage is neither heaven nor hell, it is simply purgatory.

Marriage is neither heaven nor hell, it is simply purgatory.



I think the greatest rogues are they who talk most of their honesty.

I think the greatest rogues are they who talk most of their honesty.



The point at which society moves towards our views is a point where we are significantly closer to the vegan world that we are all working toward.

The point at which society moves towards our views is a point where we are significantly closer to the vegan world that we are all working toward.



If you run out of ideas follow the road; you'll get there

If you run out of ideas follow the road; you'll get there



In the 40,000 year time scale we're all the same people. We're all equally primitive, give or take two or three thousand years here or a hundred years there.

In the 40,000 year time scale we're all the same people. We're all equally primitive, give or take two or three thousand years here or a hundred years there.



In politics, as in womanizing, failure is decisive. It sheds its retrospective gloom on earlier endeavor which at the time seemed full of promise.

In politics, as in womanizing, failure is decisive. It sheds its retrospective gloom on earlier endeavor which at the time seemed full of promise.



For me, personally, I think drugs are sacred and should be used for work. That's what I believe in. Drugs have a real shamanistic value. I can handle drugs. I've never had a problem.

For me, personally, I think drugs are sacred and should be used for work. That's what I believe in. Drugs have a real shamanistic value. I can handle drugs. I've never had a problem.



Love turns man into an ocean of happiness, an image of peace, a temple of wisdom. Love is every man's very Self, his true beauty, and the glory of his human existence.

Love turns man into an ocean of happiness, an image of peace, a temple of wisdom. Love is every man's very Self, his true beauty, and the glory of his human existence.



But thou, contracted to thine own bright eyes, Feed'st thy light's flame with self-substantial fuel, Making a famine where abundance lies, Thyself thy foe, to thy sweet self too cruel.

But thou, contracted to thine own bright eyes, Feed'st thy light's flame with self-substantial fuel, Making a famine where abundance lies, Thyself thy foe, to thy sweet self too cruel.



I could write a treatise on the sudden transformation of life into archaeology

I could write a treatise on the sudden transformation of life into archaeology




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This page presents the quote "Trump's junk economics is the illusion that if we cut the taxes on the wealthiest brackets, it'll all trickle down. But it doesn't trickle down.". Author of this quote is Michael Hudson. This quote is about economics, illusion, taxes, junk, cutting, trickle down, brackets, trump,.