No, the reason it doesn't work is that when taxes for the rich are cut, they don't spend more or stimulate the economy; instead they just keep the money.
Laissez faire/trickle down economics makes the rich richer in the short term and then leads us into a recession. Since 1953, the last 10 recessions in the US have started under a Republican President using laissez faire/trickle down economics.
No, in fact that's the reason it does work. Trickle down economics, or any other formula for that matter, has nothing to do with the folks at the bottom.
Trickle Down economics did work. It is no longer as viable with globalization of companies. Too difficult to keep the gains / savings in the nation that created the favorable business terms.
Answers & Comments
No, the reason it doesn't work is that when taxes for the rich are cut, they don't spend more or stimulate the economy; instead they just keep the money.
It does work. Idiots who think it doesn't seem to think it means Daddy Warbucks is going to hand them a wad of cash.
Laissez faire/trickle down economics makes the rich richer in the short term and then leads us into a recession. Since 1953, the last 10 recessions in the US have started under a Republican President using laissez faire/trickle down economics.
https://en.wikipedia.org/wiki/List_of_recessions_i...
No, in fact that's the reason it does work. Trickle down economics, or any other formula for that matter, has nothing to do with the folks at the bottom.
Tinkle down economics does exactly what its designed to do - allow the rich to tinkle down the backs of Americans.
Trickle Down economics did work. It is no longer as viable with globalization of companies. Too difficult to keep the gains / savings in the nation that created the favorable business terms.
Because wages in real terms have gone backwards since the 70s.
And then the Dems tax the he11 out of it.