Trickle Down Economics Quotes by John F. Kerry, John Kenneth Galbraith, Ha-Joon Chang, Hillary Clinton, Rush Limbaugh, David Stockman and many others.
My friends, that’s trickle-down economics, and I believe every worker in America is tired of being trickled on by George W. Bush
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy вЂ” what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.
Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are — a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.
The kind of plan that Donald [Tramp] has put forth would be trickle-down economics all over again. In fact, it would be the most extreme version, the biggest tax cuts for the top percent of the people in this country than we’ve ever had.
This is a guy [Steven Lerner] who believes, for example, that Reaganomics or trickle-down economics means, “The rich got rich by stealing from the poor,” or stealing from the middle class and making them poor via debt. He has worked with unions in Europe.
It’s kind of hard to sell ‘trickle down,’ so the supply-side formula was the only way to get a tax policy that was really ‘trickle down.’ Supply-side is ‘trickle-down’ theory.
We must have an economy that does not force the migrant worker’s child to miss school in order to earn…just so the family can eat. That is the moral bankruptcy that trickle-down economics is all about.
I don’t think all the blame lies with Wall Street. I think a lot of the blame lies with the [George W.] Bush administration. They went back to trickle-down economics. They took their eye off the mortgage market, they took their eye off the finance markets, and we ended up in a big mess.
The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didnвЂ™t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellowвЂ™s hands.
I don’t believe in trickle-down economics. I don’t think that people who have the most are inclined to share it, generally.
Trickle down economics creates a nation of peons.