The most important driver of the economy is the amount of bucks in the pockets of average citizens.
James M. Ridgway, Jr.
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This economic craziness started with Reagan and Thatcher. The idea was to free up the markets so everyone would get richer based on the theories of Milton Friedman but trickle down didn’t work the consuming classes got poorer and poorer. The politicians in charge forgot or never knew that the money needed to produce consumer goods came from the consumers not the rich who buy what they want or the poor who buy what they can. The real puzzle is why they cannot abandon an idea that clearly does not work and that is destabilising the whole of the developed world causing toxic symptoms such as Trump and Brexit.

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