Trickle down economics is the idea that if you make rich people richer, the benefits will somehow drip down to everyone else. Sounds cute. Never works. What actually happens is the money pools at the top, gets parked in assets, offshore accounts, property, stocks, and never touches the people doing the mahi. Meanwhile workers are told to wait. Be patient. Tighten your belt. Again. If trickle down worked, we would not need food banks in a country with record corporate profits. If it worked, wages
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TRICKLE DOWN ECONOMICS ISN"T A REAL THING By Will Ricciardella If a business owner is allowed to keep more of the money they earn, and in turn, hire a new employee with the extra cash and increase their sales even more, is that money "tickling down?" Of course not, it goes from directly from person A, to person B. Moreover, wealth is created. It isn't distributed by any method, unless when confiscated by government and redistributed, sapping the incentives for people to create wealth in the firs
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The core philosophy of the governments disastrous mini-budget is "Trickle Down Economics". Gary explains why it simply DOESN'T work. SUBSCRIBE, SHARE & START A CONVERSATION SOCIAL MEDIA: WEBSITE - https://www.wealtheconomics.org TWITTER - @garyseconomics - https://twitter.com/garyseconomics FACEBOOK - @garyseconomics - https://www.facebook.com/garyseconomics/ INSTAGRAM - @garyseconomics - https://www.instagram.com/garyseconomics/ TIKTOK - @garyseconomics - https://www.tiktok.com/@garyseconomics?
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