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re: President* Biden: Trickle-down economics has never worked!

Posted on 4/29/21 at 10:57 am to
Posted by Big Scrub TX
Member since Dec 2013
33429 posts
Posted on 4/29/21 at 10:57 am to
I mean, the evidence does not support trickle down economic theory.
Posted by David_DJS
Member since Aug 2005
17916 posts
Posted on 4/29/21 at 11:00 am to
quote:

With all of the money the U.S. is printing right now, why not give every American 1 million dollars and then there wouldn't be any one in poverty. Nobody would have an excuse not to be successful. Come on, man!

Couldn't Bloomberg have given every American and every illegal a million dollars rather than spend the advertising dollars he did in his failed run for president? I'm pretty sure an MSNBC genius has that figured out, and we know who the party of science and economics is.
Posted by 93and99
Dayton , Oh / Allentown , Pa
Member since Dec 2018
14400 posts
Posted on 4/29/21 at 11:04 am to
Posted by GoCrazyAuburn
Member since Feb 2010
34885 posts
Posted on 4/29/21 at 11:07 am to
quote:

I mean, the evidence does not support trickle down economic theory.


I mean, trickle down is a made up term used by those that don't actually understand the economic theory, it is not an economic theory itself, really.
Posted by Zach
Gizmonic Institute
Member since May 2005
112489 posts
Posted on 4/29/21 at 11:20 am to
The myth is that free markets create inequality. It is true that they result in inequality but they do not create it.
What creates inequality in a free market is human beings who are by nature incredibly unequal.
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