Top 1200 Trickle Down Economics Quotes & Sayings

There was a hope then by some people that what we call trickle-down economics would work. That if you made the economy pie bigger, everybody would benefit. Twenty-five years after NAFTA, we know that that is not true. We should have known then that it was not true.

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.

My friends, that's trickle-down economics, and I believe every worker in America is tired of being trickled on by George W. Bush

Thomas Piketty assembles the facts to prove a central point about trickle-down economics: Doesn't work. Never did. He has cold, hard data showing how the rich keep getting richer and how the playing field is rigged against working families.

You know and I know and economists know that trickle-down economics doesn't work.

Trickle-down racism, trickle-down bigotry, trickle-down misogyny, all these things are extraordinarily dangerous to the heart and character of America.

Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

We've had trickle down economics in the country for ten years now, and most of us aren't even damp yet.

In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economics down to current financial journalism. My real interests are research and teaching.

Wealth is used to entrench inequality, not to trickle down and solve it.

The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.

[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.

Now it is unambiguously clear that trickle-down economics does not work. But what does that mean? That means we have to structure our economic policies to make sure that we have shared prosperity. And you don't do that by giving a tax cut to the big winners and raising taxes on those who have not done very well. Your economic policy has to respond to the way our economic system has been working.

Give tax breaks to large corporations, so that money can trickle down to the general public, in the form of extra jobs.

I don't think that the trickle-down theory of diversity ever really works.

We must have an economy that does not force the migrant worker's child to miss school in order to earn...just so the family can eat. That is the moral bankruptcy that trickle-down economics is all about.

We simply cannot afford to give the reigns of government so someone who will double down on trickle down

But can we please stop insisting that if low-wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse? There is no evidence for it. The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.

Goodness in other people and what they contribute inspire me. I love it when someone is gifted and shares it in some way so that it has a trickle-down effect.

The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through their no doubt lavish spending, upon those who stand below them on the economic ladder. Notice that the metaphor is not that of a gushing waterfall but of a leaking tap: even the most optimistic endorsers of this concept do not picture very much real flow, as their language reveals" pg. 102.

Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.

I think you have a lot of rich and Conservative people who control our country who are racist and their views trickle down through things like tabloid papers.

I don't believe in trickle-down economics. I don't think that people who have the most are inclined to share it, generally.

It's kind of hard to sell 'trickle down,' so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory.

Sometime, while I wasn't paying attention, trickle-down economics got respectable.

Globalization and trade liberalization were supposed to make us all better off through the mechanism of trickle-down economics. What we seemed to be seeing instead was trickle-up economics, accompanied by a destruction of democratic politics, as we moved ever closer to a system of 'one dollar, one vote' as opposed to 'one person, one vote.'

We plutocrats need to get this trickle-down economics thing behind us: this idea that the better we do, the better everyone else will do. It's not true. How could it be? I earn 1,000 times the median wage, but I do not buy 1,000 times as much stuff, do I?

Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.

Trickle-down economics does not work, and tax reform should not be defined as partisan tax cuts for the wealthy and huge corporations.

Trickle-down theories do not address the legitimate aspirations of the poor. We must lift those at the bottom so that poverty is erased from the dictionary of modern India.

Don't let anybody tell you it's corporations and businesses create jobs. You know that old theory, 'trickle-down economics.' That has been tried, that has failed. It has failed rather spectacularly.

President Reagan preached 'trickle down economics' but naively did not reckon on the fact that the wealthy would only care about getting more for themselves instead of caring about helping those with less.

Do you believe this is simply trickle-down Machiavellianism in much the same way that Communism trickled down as an aberration of its original intent?

It's not trickle down economics. The problem that the president has is that he's rudderless on the economy. I mean, he doesn't quite know what to do. It's a wake-up on Monday and try to figure it out. It takes time to turn a supertanker, so you need to know where you need to go.

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.

Economics profession, they've been - they've been confident in various formulas, but economics is not physics. The same formula that works in one decade doesn't work in the next. Economics is a difficult subject.

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.

I saw young women in the street dressing in a way that I thought was influencing the designers. Fashion was being influenced by all sorts of different people, and culture and also across the street. So I saw more as a trickle up, than a trickle down influence. When I came to Vogue, that's what I wanted it to reflect.

The benefits of globalization do not trickle down automatically. It takes politics to make sure that there is a benefit.

I'd be very, very careful about falling prey to the things that liberals say about people, and that is rich people are automatically untrustworthy. They love to use class envy and they love to attack the whole notion of trickle-down economics by pointing out the rich are miserly and they don't share and they don't give and they don't... It's all a bunch of... It's not true.

I started in the law; and the study of law, when it precedes the study of economics, gives you a set of foundation principles about how human beings interact. Economics is very useful, and I studied economics in graduate school. But without understanding the social and organizational context of economics, it becomes a theory without any groundwork.

There's always an imbalance with actors and actresses in the industry. And I think because there are just fewer movies overall being made, it's that trickle down effect.

I call it [Donald's Trump plan] trumped-up trickle-down, because that's exactly what it would be. That is not how we grow the economy.

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.

You alleviate poverty by trickle-down economics.

Trickle down economics creates a nation of peons.

The kind of plan that Donald [Tramp] has put forth would be trickle-down economics all over again. In fact, it would be the most extreme version, the biggest tax cuts for the top percent of the people in this country than we've ever had.

Remember, Republican economic policies quadrupled the debt before I took office and doubled it after I left. We simply can't afford to double-down on trickle-down.

Fares are higher [and] people don't travel as much. If they don't do that, it doesn't have the trickle down effect into the economy and the other sectors.

If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics).

My philosophy has always been that benefits should percolate up rather than trickle down.

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.

This is a guy [Steven Lerner] who believes, for example, that Reaganomics or trickle-down economics means, "The rich got rich by stealing from the poor," or stealing from the middle class and making them poor via debt. He has worked with unions in Europe.

Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.

Tolerance and understanding won't 'trickle down' in our society any more than wealth does.

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.

The Democrats have been there for working people in our country. That's who we are, trickle-down vs. middle-class economics. That's the major difference between the parties.

[Aldous Huxley] compared the brain to a 'reducing valve'. In ordinary perception, the senses send an overwhelming flood of information to the brain, which the brain then filters down to a trickle it can manage for the purpose of survival in a highly competitive world. Man has become so rational, so utilitarian, that the trickle becomes most pale and thin. It is efficient, for mere survival, but it screens out the most wondrous part of man's potential experience without his even knowing it. We're shut off from our own world.

Trickle-down economics doesn't work, but we need the power and innovation that comes from the free enterprise system. There's no way we're going to decarbonize the American economy without innovation and the profit motive. It's just not gonna happen.

Interestingly, human irrationality is a hot topic in economics at the moment. Behavioural economics it's called, on the cusp of economics and psychology.