xxx/ellauri085.html on line 396: It has several inherent flaws. When people argue for more “libertarian” economic policy, there’s a tendency to think only about the initial development of a business, and to ignore the possibility of direct communication between two businesses in competition. Here’s a pretty typical argument for trickle-down: If a small sandwich shop manages to produce a good product at a low price, it can attract a bunch of customers, and make enough money to buy a second shop, which will allow them to hire more employees. But if taxes are too high, they wont be able to open that second location, and then they won’t be able to employ as many people. They also might have to pay their workers less, and better workers might quit to work in other places. And they’ll have to increase their prices. Thus, lower taxes on the upper middle class and rich result in a more employed society with higher wages and cheaper products.
xxx/ellauri085.html on line 433: There is no such thing as “trickle-down" because that's not how business starts or works, and not what anyone with a brain is claiming. We just want more opportunities and that happens by reducing friction and barriers, not by increasing them by fiat. NOTHING trickles down, you can be sure of that.
xxx/ellauri085.html on line 468: trickle-down-is-a-lie">Trickle-down is a lie

xxx/ellauri085.html on line 469: trickle-down-economics-work">Why are we still pretending it works?
xxx/ellauri085.html on line 471: trickle-down/">‘Trickle-down’ tax cuts make the rich richer but are of no value to overall economy, study finds
xxx/ellauri085.html on line 479: One of the biggest lies foisted on the American people is that as rich people get richer, we all benefit — the so-called trickle-down theory.
xxx/ellauri085.html on line 485: “I have not seen anyone make a serious claim for a trickle-down effect with respect to wealth.”
xxx/ellauri085.html on line 487: Put simply, there is no empirical evidence — none whatsoever — that trickle-down economics delivers as promised, bringing more jobs, higher pay and better conditions to millions of people.
xxx/ellauri085.html on line 489: Yes, that has a positive impact on makers of luxury goods. But it’s not in any way the shared prosperity implicit in the trickle-down pledge.
xxx/ellauri085.html on line 496: Much of the blame for the trickle-down lie goes to conservative economist Arthur Laffer, godfather of “supply-side” economics, a.k.a. “Reaganomics.” He argued, using an easy-to-understand graph — the Laffer curve — that as tax rates go down, government revenue goes up.
xxx/ellauri085.html on line 499: On Sunday, President Trump dismissed growing speculation about a recession by insisting his tax cuts, and the miracle of trickle-down prosperity, will keep the economy humming.
xxx/ellauri085.html on line 507: On a smaller level, Republicans turned the state of Kansas into a laboratory for trickle-down economics, with the goal being to prove conclusively that if you aggressively cut taxes, the economy will rev like a mighty engine.
xxx/ellauri085.html on line 536: In June, Trump awarded trickle-down proponent Laffer the Presidential Medal of Freedom, the nation’s highest civilian honor.
xxx/ellauri085.html on line 537: Trump praised Laffer’s “brilliant theory,” and said the value of trickle-down economics had been proved “over and over again.”
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