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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump will be selling old Republican idea: trickle-down job growth......
Trumps tax cut plan sounds a lot like what has been known since the days of Ronald Reagan as trickle-down economics the idea that putting more money in the hands of those at the top will unleash a wave of economic growth and indirectly spur prosperity at all strata of society.
https://www.boston.com/news/politics/2017/09/27/trump-will-be-selling-old-republican-idea-trickle-down-job-growth
Yes it does, Ugh.
Eliot Rosewater
(31,109 posts)the country will still buy it.
Every single economic indicator proves that NO republican EVER helps the economy.
lapfog_1
(29,199 posts)that was starved of capital... there might be some merit to trickle down.
But we don't. We have a consumer-driven economy... and we need to give consumers more money to buy stuff.
louis-t
(23,292 posts)They will not create jobs with their tax cuts, they will put the money in their pockets. Demand creates jobs, not tax cuts.
lastlib
(23,214 posts)Because that's all the middle- and lower-class people get, is PISSED ON! It has NEVER worked as advertised, and probably never will!
Trump likes doing that anyway, I hear.