On Independence, wealth, and status

worldwide@worldwidestew.com (Michael Davis) — Thu, 03 Jul 2025 02:16:15 +0000

It’s Indepenence Day in the United States. As a nation, the United States seems less independent than at any time in our history.

In this post, I wanted to talk about how a country’s economic policies promote or removes freedoms. This post starts with a policy that swept America away: Trickle-down Economics. Trickle-down economics came into public discussion during the United States Presidency of Ronald Reagan. It promised that great wealth trickles down to the poor. Don’t saddle the wealthy or corporations with taxes. Give them more money and it will trickle down to the impoverished, the story went. It sounded good. For years, I believed it, too.

Independence on Worldwide Stew

On Independence, wealth, and status