Nancy Pelosi Mocks Trickle Down Economics

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House Minority Leader Nancy Pelosi (D-CA) on Thursday called an extension of the high-income Bush tax cuts “a recipe for failure that we’ve already done” and yielded “record unemployment.”

“I know that the candidate of millionaires thinks that that’s the only way — trickle down,” she told reporters. “Well, I don’t know what’s trickling down, but it’s not a pleasant experience for the middle class. Instead, money is extracted up.”

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