Hurray for Trickle Up Economics!

I’m a proponent of “trickle up economics”. It’s an economic strategy that works, unlike the “feed the wealthy” school, that in the first half of the 20th century was called “leak through” and in the 1980s was called “supply side” and “trickle down” economics. It was also called “voodoo economics” by a past Republican presidential candidate.

I think the following quote sums it up nicely:

‎”There are those who believe that, if you will only legislate to make the well-to-do prosperous, their prosperity will leak through on those below. The Democratic idea, however, has been that if you legislate to make the masses prosperous, their prosperity will find its way up through every class which rests up on them.”

– William Jennings Bryan in 1896

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About zghortaman
Attempting to navigate the modern day with every tool available

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