this post was submitted on 12 Aug 2024
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Degrowth
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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?
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".
They do not call it trickle down economics when lobbying. However tax breaks for the rich to increase investment and consumption are extremly common.