Economics

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Is Trickle-Down Economics Dead?

21st December 2020

A former US Labour Secretary, Robert Reich, drives another nail into the coffin of trickle-down economics arguing here that tax cuts for the rich don't have benefits for others, but wonders whether this is going to be taken on board by the Biden administration.

Trickle-down economics doesn't work but build-up does – is Biden listening? | Robert Reich https://t.co/QyZAmJyFR5
— The Guardian (@guardian) December 20, 2020

This Observer business leader looks at the notion that the trickle-down effect has been discredited.

Trickle-down economics is dead. It’s time to tax the rich harder https://t.co/PEm5CcCtRt
— The Guardian (@guardian) December 20, 2020

Graham Watson

Graham Watson has taught Economics for over twenty years. He contributes to Tutor2U, reads voraciously and is interested in all aspects of Teaching and Learning.