re: Trickle Down Economics Explained

Just watched the video in OP. That guy is a no-name total hack.

"True, wealthy people invest tax savings in the economy, but that doesn't directly benefit society." Wow, talk about cutting edge!

Then he uses a percentage breakdown of disposable income spent by lower class vs. the upper class on goods and services, as if that is supposed to be some absolute measure of economic stimulus.

Some of the things he said in the video (about lowering taxes) are flat out rejected by mainstream economists, both supply-side and demand-side. It's an uncontroversial axiom of Econ 102 that lowering taxes = stimulus.

I feel sorry for whoever has this hack running their money.