3 ms·
> it'll trickle down regardless of how you spend it That's an article of conservative dogma dating from the Reagan and Bush eras, and it's pretty-much discredi
by denton-scratch 4y ago
> it'll trickle down regardless of how you spend it
That's an article of conservative dogma dating from the Reagan and Bush eras, and it's pretty-much discredited now. For most major capital expenditure programmes, the majority of the money trickling down stops trickling once it reaches shareholders and executives.