Trickle-down economics is a failed theory. The wealthy only spend a small percentage of their income. They re-invest most of it. True, sometimes they invest in

Trickle-down economics is a failed theory. The wealthy only spend a small percentage of their income. They re-invest most of it. True, sometimes they invest in businesses (VC, IPOs, Business expansion, etc.), but most investment dollars go to the secondary markets (Stocks, Derivatives, etc.), which does not create any jobs and produces no value.