3 ms·
> It's very difficult to argue in good faith "trickle-down" economics was/is a failure. Complete nonsense. You can look at the real-world effects. Or the econ
by SideburnsOfDoom 3y ago
> It's very difficult to argue in good faith "trickle-down" economics was/is a failure.
Complete nonsense. You can look at the real-world effects.
Or the economists, who have done so and do not support it at all: https://en.wikipedia.org/wiki/Trickle-down_economics#Economics https://en.wikipedia.org/wiki/Trickle-down_economics#Economi...
The citations that you want are linked there. Are you seriously saying that the whole "Economics" section of the Wikipedia article on trickle-down economics is "not good faith"?
Trickle down is a failure at its stated aims. It does not work. It never worked, and now people have noticed.
> A rising tide obviously raises all ships
A metaphor proves nothing. I might as well say "when money is concerned, no it doesn't: it's every man for himself" and leave it at that.