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"Trickle down economics" - or the idea that financial benefits for larger corporations or the very wealthy also end up benefiting the poor - is something that is:
  • Absolutely real
    11.6%
  • Kinda real
    26.8%
  • Kinda fake
    27.5%
  • Absolutely fake
    34.2%
1,618 votesFinal results
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For those who think it is real:
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I was delighted to learn that the entire theoretical background for the “trickle down” theory was quite literally build on a restaurant napkin, without a shred of empirical evidence (+ the obvious mistake: tax rate is a function, not a single number). 2/3 americanhistory.si.edu/collections/se
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For those who think it is real, continued:
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An excellent, very sourced, article. The nails in the coffin of the theory of trickle-down, for those who can listen. Although, I wish it was a little bit more critical of the relevance of GDP and the desirability of its growth. Better enjoy more what we have, not produce more. twitter.com/scottsantens/s…