Degrowth

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Discussions about degrowth and all sorts of related topics. This includes UBI, economic democracy, the economics of green technologies, enviromental legislation and many more intressting economic topics.

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MrMakabar@slrpnk.net

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Trickle Down Economics (eupolicy.social)

submitted 1 month ago by MrMakabar@slrpnk.net to c/degrowth@slrpnk.net

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[–] grandkaiser@lemmy.world 2 points 1 month ago (2 children)

Has anyone actually ever said that trickle down economics works...? I see people making fun of it all the time, but no one seems to be championing it? Is it just one giant straw man?

[–] Blackmist@feddit.uk 8 points 1 month ago

I don't think anybody actually believes it works, but they'll tell you it does when they give tax breaks to the wealthy "job creators".

[–] MrMakabar@slrpnk.net 2 points 1 month ago

They do not call it trickle down economics when lobbying. However tax breaks for the rich to increase investment and consumption are extremly common.