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> The idea that concentrated wealth is great for everyone and will trickle down has been pretty much debunked Can you point to an example of someone claiming t
by cal85 4y ago
> The idea that concentrated wealth is great for everyone and will trickle down has been pretty much debunked
Can you point to an example of someone claiming that concentrated wealth is great for everyone and will trickle down?
- deleted 4y ago[deleted]
- skinnymuch 4y agohttps://en.wikipedia.org/wiki/Trickle-down_economics https://en.wikipedia.org/wiki/Trickle-down_economics There’s lots of people saying it and have said it. We just had tax cuts for the wealthy recently.
- jahewson 4y agoLiz Truss, who brought in tax cuts for the highest earners based on this idea, and as a result lasted only 45 days as prime minister of the U.K. See also: Margaret Thatcher, Ronald Regan.