2 ms·
"Trickle down economics" is just an internet slur for supply side economics. It certainly can work out well. A job at Whole Foods would pay a currently unemploy
by missedthecue 7y ago
"Trickle down economics" is just an internet slur for supply side economics. It certainly can work out well. A job at Whole Foods would pay a currently unemployed resident of Gary, Indiana a good amount more than he is making at present.
- mcntsh 7y agoThat's a pretty limited perspective. Economic growth doesn't benefit every business and every individual proportionally. I know people in the Bay Area who are worse off now than they were in first dotcom burst because while software engineers might make 300% now of what they made in 2002, an auto mechanic doesn't. For many, wage growth didn't even keep up with the cost of living.