The Truth about Trickledown Economics

This is the truth about “trickledown economics,” a term made popular by opponents of supply-side economics and tax cuts.
I go through the history of the term and explain why it’s used and what it means.

Ultimately, it’s just an attack on proven economic theories like Say’s Law, otherwise known as the law of markets.

Lowering taxes gives people an incentive to work harder, allows business to invest more of their own money or pay it out in dividends and keeps it out of the hands of the government.

Supply-Side economics is a proven economic theory as it is simply the concept that economies get stronger by producing more and better goods and services.

Milton Friedman makes an appearance in the video, as does Ronald Reagan along with the “greatest treasurer in the universe” Wayne Swan.

Wayne Swan is credited with “saving Australia from the GFC” by other Leftist “economists” who don’t understand economics but claim to in order to push politics.

The former treasurer did nothing but take an Australia with zero federal debt and leave it with a massive debt along with a large and growing structural deficit.

So what is the truth about “trickledown economics”? Watch the video and find out.

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Full Source List here: https://www.minds.com/blog/view/811349160423727104

Videos to Watch

Sally McMannus Minimum Wage: https://www.youtube.com/watch?v=6dxziXdoNDM&t
Says Law – The First Law of Economics: https://www.youtube.com/watch?v=tyEokB4-NAo&t

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