Birds need some oats, too

When President Reagan dusted off trickle-down economics, calling it “supply-side economics,” I was shocked. My 1962-1963 high school history class recognized “trickle-down” economics as a major contributing factor to the Great Depression’s severity.

Before the 1929, trickle-down polices had led to extreme concentrations of wealth. During the Depression, economic royalty had money to invest, but didn’t. America had workers, factories and raw-materials, but Americans couldn’t afford the products they produced. Hence, managers laid off workers, cut wages, lowered both production and demand, and the economy spiraled down.

Since Reagan, wages have stagnated, while new wealth goes to the top 1/10th percent.

Economist Robert Reich’s documentary “Inequality for All” demonstrates that income inequality is as high now as it was before the Great Depression. And now Republicans offer the same failed solution: tax cuts to the wealthy so they will create jobs? Insanity is doing the same thing and expecting different results. “Trickle-down” is just a rationalization for concentrating wealth/power, and is fundamentally undemocratic.

Four-hundred of the wealthiest Americans have as much wealth as the bottom 61 percent of Americans: 194 million people. Do they really need more? An unknown wise man asked, “Is feeding all the oats to the horse, the best way to feed the birds?”

Based on his voting record, Dave Reichert supports the Republican Party’s efforts to concentrate wealth/power and not the middle class. It’s time to find a representative who recognizes the failures of the past and supports policies providing economic prosperity for all.

– Roger Ledbetter

More in Letters to the Editor

2018 elections: Dino Rossi owes an apology

The Sept. 7 issue of the Auburn Reporter included a letter by… Continue reading

County hotel/motel tax revenues needed to support ShoWare Center

We support providing funds from King County hotel/motel tax revenues for the… Continue reading

’18 election: An apology is in order

As a veteran from the 8th Congressional District, I call upon Dr.… Continue reading

Kent schools: Take care of your heart, your teachers

The heart is the most vital organ. How you treat your heart… Continue reading

Cost of living: Seniors can obtain some tax relief

Gene Bremner, food for thought: I’m a senior in the city limits… Continue reading

Play review: Bravo to theater group’s production of ‘Alma’

I didn’t know about Theatre Battery until last Friday’s Page 1 story… Continue reading

Race for Congress: Schrier is a contradiction

Something has been bothering me. A pediatrician is supposed to be concerned… Continue reading

Cost of living: Seniors being thrown under the bus

More and more senior citizens are taxed out of their homes by… Continue reading

Statistics? Dangerous fireworks prevalent as ever

I read the article “A much quieter Fourth of July in Kent”… Continue reading

Kent dealing with frustrating traffic mess

I was taking 228th Street to go to work. When they closed… Continue reading

Hader’s the right choice for Congress

I encourage constituents of the 8th Congressional District to cast their vote… Continue reading

Schrier is strongest candidate for Congress

Are you angered by what is being done by the Trump administration?… Continue reading