Image tagged in college conservative,trickle down,economics,frank reynolds,its always sunny in philidelphia

TRICKLE-DOWN ECONOMICS, ALSO KNOWN AS TRICKLE-DOWN THEORY OR THE HORSE AND SPARROW THEORY, REFERS TO THE ECONOMIC PROPOSITION THAT TAXES ON BUSINESSES AND THE WEALTHY IN SOCIETY SHOULD BE REDUCED AS A MEANS TO STIMULATE BUSINESS INVESTMENT IN THE SHORT TERM AND BENEFIT SOCIETY AT LARGE IN THE LONG TERM. IN RECENT HISTORY, THE TERM HAS BEEN USED BY CRITICS OF SUPPLY-SIDE ECONOMIC POLICIES, SUCH AS "REAGANOMICS.” BUT LET MY FRIEND FRANK SIMPLIFY IT FOR YOU... TRICKLE DOWN ECONOMICS IS A PYRAMID SCHEME WHERE THE DICKHEADS AT THE BOTTOM DO ALL THE WORK AND GIVE ALL THE MONEY TO THE SMART GUYS AT THE TOP. | image tagged in college conservative,trickle down,economics,frank reynolds,its always sunny in philidelphia | made w/ Imgflip meme maker

280 views • 11 upvotes • Made by Franken30 4 years ago in politicsTOO

5 Comments

whistlelockM
3 ups, 4y, 2 replies
In case you're all "Franken30, you don't know what you're talking about!" here's a 50 year study over 18 countries.  

https://www.businessinsider.com/tax-cuts-rich-trickle-down-income-inequality-study-2020-12



It doesn't work. It never has.
Franken30
2 ups, 4y
http://eprints.lse.ac.uk/107919/1/Hope_economic_consequences_of_major_tax_cuts_published.pdf



The actual report. It’s a gripping read.
TwoWayMirror
2 ups, 4y
America, as we know it, is a scam.
[deleted]
1 up, 4y
Toejoe
0 ups, 4y

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TRICKLE-DOWN ECONOMICS, ALSO KNOWN AS TRICKLE-DOWN THEORY OR THE HORSE AND SPARROW THEORY, REFERS TO THE ECONOMIC PROPOSITION THAT TAXES ON BUSINESSES AND THE WEALTHY IN SOCIETY SHOULD BE REDUCED AS A MEANS TO STIMULATE BUSINESS INVESTMENT IN THE SHORT TERM AND BENEFIT SOCIETY AT LARGE IN THE LONG TERM. IN RECENT HISTORY, THE TERM HAS BEEN USED BY CRITICS OF SUPPLY-SIDE ECONOMIC POLICIES, SUCH AS "REAGANOMICS.” BUT LET MY FRIEND FRANK SIMPLIFY IT FOR YOU... TRICKLE DOWN ECONOMICS IS A PYRAMID SCHEME WHERE THE DICKHEADS AT THE BOTTOM DO ALL THE WORK AND GIVE ALL THE MONEY TO THE SMART GUYS AT THE TOP.