Trickle Down Money Puddles Very High

The “trickle down” theory of economics says that if the government gives cash in the form of handouts or tax breaks to the wealthy, that the wealthy will spend that money and it will trickle down to people at the lower levels.

The bailout has been an excellent example of how Trickle Down money NEVER makes it to the lower income brackets. It mostly has simply puddled with the wealthy. I have lots of wealthy friends who are much wealthier now, while their employees and other people at the bottom of the economic ladder have received nothing or even lost their jobs.

People who makes decisions in government and business know this is true, but they lie to everyone else to pad their own pockets. Several studies on this have shown it simply does not work.

The government should not give anyone cash, but if they do, it should go to those at the bottom who can immediately give it back to the economy and keep goods and services flowing.

Published by

Joel Gross

Joel Gross is the CEO of Coalition Technologies.

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