Quotes & Sayings About Trickle Down Economics

[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

Trickle-down economics So long as power remains privately concentrated, everybody, everybody, has to be committed to one overriding goal, and that's to make sure that the rich folk are happy - because, unless they are, nobody else is going to get anything. So, if you're a homeless person sleeping in the streets of Manhattan, let's say, your first concern must be that the guys in the mansions are happy - because, if they're happy, then they'll invest, and the economy will work, and things will function, and then maybe something will trickle down to you somewhere along the line. But if they're not happy, everything's going to grind to a halt, and you're not even going to get anything trickling down. — Noam Chomsky

Not so much a trickle down as a dragging-along. — Joel Mokyr

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. — John Kasich

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

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. — Bernie Sanders

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

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. — Joseph Stiglitz

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. — Greg Fitzsimmons

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. — Hillary Clinton

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

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. — Elizabeth Warren

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

Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rich 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

Usually when people talk about the trickle-down theory, it has to do with economics. The richer people at the top of a society become, supposedly, the more wealth there is to trickle down to the people below. It never really works out that way, of course, because if there are 2 things people at the top can't stand, they have to be leakage and overflow. — Kurt Vonnegut

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

Trickle down economics creates a nation of peons. — Thom Hartmann

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

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. — Nick Hanauer

I think that you are an uptight, pony-owning, trickle-down-economics-loving, Scotch-on-the-rocks-drinking, my-wife-better-take-my-last-name sexist jerk! — Julie James

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. — Margaret Atwood

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

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

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? — Nick Hanauer

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. — Barbara Jordan