A Quote by Frances O'Grady

The difficulty for the Government is there's this ideological straitjacket of the market will provide, let the market rip and everything will work out... It's back to trickle-down economics, which, it's plain to see, have not delivered.

Frances O'Grady

Quote Topics

Back Delivered Difficulty Down Economics Everything Everything Will Work Out Government Ideological Market Out Plain Provide Rip See Trickle Which Will Work Work Out

Quote Author

Frances O'Grady
British - Activist
Born: November 9, 1959

[Donald] Trump and all the Republicans believe in the theory of trickle down economics which is a theory discredited even by the author himself David Stockton. The theory suggests that if we take care of the people at the top, if we cut taxes for the wealthy, if we make sure they are doing really well, then the investments that they make in the economy and the jobs that will create, will make everything grow and it will have a trickle down effect on the rest of us.

Debbie Wasserman Schultz

This is not a zero-sum game. We know that if we provide access and education, particularly where there are gaps in the market, we will create more jobs, we will create more growth, and we will create more activity in the U.S. market, which will be good for our economy.

Karen Mills

Remember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier.

Jamie Dimon

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.

Ha-Joon Chang

I don't want to see trickle down racism. I don't want to see a president of the United States saying things which change the character of the generations of Americans that are following. Presidents have an impact on the nature of our nature. And trickle down racism, trickle down bigotry, and trickle down misogyny, all these extraordinarily dangerous to the heart and character of America.

Mitt Romney

The moment that government appears at market, the principles of the market will be subverted.

Edmund Burke

If the NDA doesn't get a majority, that will not upset the market so much... but a situation where the BJP and NDA are not able to form the government that will be very troublesome for the market. But I think that is not likely.

Rakesh Jhunjhunwala

The market literature, which was particularly strong in Igboland, in Onitsha, today it is no longer strong. It is one of the victims of the civil war, that market was actually destroyed and at the end of the war a new Nigeria has struggled to come into being and I believe that what is probably going to replace the market literature might be the video, which they have taken to in a big way, creating dramas. So that may be the next thing way we will see coming out of the local basic level in our society.

Chinua Achebe

Remember that banks aren't markets. The market is amoral. The market doesn't care who you are. You're a trade to the market. The market will sell you if they think you're riskier. Banks didn't do that

Jamie Dimon

If the market is left to sort matters out, social injustice will be heightened and suffering in the community will grow with the neglect the market fosters.

Helen Clark

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.

Hillary Clinton

If the stock market does go through a crisis of confidence, which I think clearly will happen one of these days, no one can predict just like you couldn't the dot com crash or the Lehman crash, but when it goes down it will go down by thousands of points because everyone will panic. No one owns this market today because they believe there's a huge sunny future for the United States economy. They're buying because they think the Fed can keep the thing pumped up, the bubble expanding.

David Stockman

But love is much like a dam; if you allow a tiny crack to form through which only a trickle of water can pass, that trickle will quickly bring down the whole structure and soon no one will be able to control the force of the current.

Paulo Coelho

Trump's junk economics is the illusion that if we cut the taxes on the wealthiest brackets, it'll all trickle down. But it doesn't trickle down.

Michael Hudson

As a bull market turns into a bear market, the new pros turn into optimists, hoping and praying the bear market will become a bull and save them. But as the market remains bearish, the optimists become pessimists, quit the profession, and return to their day jobs. This is when the real professional investors re-enter the market.