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"trickle down theory" seems obviously correct to me. Like, if a person has lots of money, it's stupid to sit on it - they invest it, found businesses, hire people, buy things - all of which are putting money back into lower tiers of the economy to me. Am I missing something big?

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Trickle-down theory suggests tax cuts on the wealthy stimulate short-term growth and long-term productivity through R&D. While true, the problem is: compared to what? Tax cuts on the poor stimulates economy more due to higher spending ratio; government spending does even more.

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Trickle-down has an implication that it will help the non-rich more than other options. This is false: the rich use tax cuts to get richer faster than non-rich, accelerating wealth inequality. Trade increases inequality, as in this analogous simulation: decisionsciencenews.com/2017/06/19/cou

Aella

@Aella_Girl

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@kslays

Delta tentatively awarded. While idk if what you're saying is true or not, it's a valid point. Trickle down seems obviously real - but it doesn't necessarily seem obviously better than some other options

7:06 PM · Dec 29, 2019

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I wasn't aware of the "change my view" and delta shorthand on Reddit. Thanks for the pointer!