Progressive Causes
Publisher: Pacific Standard
Author: Jared Keller
17 Jun 2015
‘Trickle-Down’ Economics does not work, income distribution will fuel growth
Trickle down economics which was the theory behind Regan, Bush and trump tax cuts and initially started as a Joke by Will Rogers in response to Herbert Hoover policies in the 1920's in response to depression era policies is rejected by IMF. They show that income distribution matters to growth and if we want growth we need to concentrate on empowering the lower 20%.