Warren Torches GOP On Economy: We Tried It, It Was 'Nearly Catastrophic'

By Daniel Strauss
Published November 19, 2014, 3:42 PM EST

Sen. Elizabeth Warren (D-MA) went straight after Republicans, blasting the GOP on deregulation and trickle down economics during a Center for American Progress event on Wednesday.

"The Republicans have a pretty simple philosophy: they say if those at the top have more — more power for Wall Street players to do whatever they want and more money for tax cuts than somehow they can be counted on to build the economy for everyone else," Warren said. "Well, we tried it for 30 years and it didn’t work. In fact the consequences were nearly catastrophic."