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Is Trickle-Down Economics Dead?

Graham Watson

21st December 2020

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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.

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

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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.