What is "Trickle-Down Economics"? | Response to CollegeHumor's "if Robin Hood met Republicans"
What is "Trickle-Down Economics"? Well we will find out here in a response to a CollegeHumor video with Robin Hood. There has been a lot of misinformation and strawmanning from the term trickle down economics and I am here to set things straight. A term that has often been used to criticize Republican President Ronald Reagan's economic policy of supply side economics in the 80's. The strawman was that the wealthy would spend leading to the wealth trickling down, hence the name through low taxes and deregulation. Conservatives, libertarians, liberals, Keynesians and leftists have been arguing what we should do about the economy whether through taxes, regulation, nationalisation, privatisation and other methods in politics. Trickle-down economics (political ideology) explained. Supply-side economics argues tax cuts and deregulation will help boost the economy.
Original video:
https://www.youtube.com/watch?v=LEcDlD8Jz5k
Sources:
Money.howstuffworks article:
https://money.howstuffworks.com/trickle-down-economics.htm
Balance Article:
https://www.thebalance.com/trickle-down-economics-theory-effect-does-it-work-3305572
Will Rodgers coining of “trickle down” term:
https://wiredpen.com/2015/01/30/will-rogers-trickle-economics/
“Voodoo Economics”:
https://www.youtube.com/watch?v=o8hnM6xNjeU
1992 Ross Perot Ad:
https://www.youtube.com/watch?v=uQvZ-Hgd8Us
Bernie Sanders trickle down tweet:
https://twitter.com/sensanders/status/618042307703607296
Obama trickle down video:
https://www.youtube.com/watch?v=aKprV0ud42A
2008 spending rebate analysis:
https://www.nber.org/digest/mar09/w14753.html
Daily Mail New York article:
https://www.dailymail.co.uk/news/article-8323377/New-Yorks-420-000-wealthiest-residents-fled-city-two-months-new-smartphone-data-shows.html
Forbes New York article:
https://www.forbes.com/sites/jackkelly/2019/09/05/new-yorkers-are-leaving-the-city-in-droves-heres-why-theyre-moving-and-where-theyre-going/#6443339f41ac
Twitter:
https://twitter.com/TThiruseelan
FAIR USE NOTICE
This video may contain copyrighted material; the use of which has not been specifically authorized by the copyright owner. We are making such material available for the purposes of criticism, comment, review and news reporting which constitute the 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. Not withstanding the provisions of sections 106 and 106A, the fair use of a copyrighted work for purposes such as criticism, comment, review and news reporting is not an infringement of copyright.
#Republicans
#Collegehumor
#Robinhood
-
1:11:09
LFA TV
17 hours agoTRUMP GUILTY…OF LOVING AMERICA! Ft. Hayley Caronia & Vish Burra | LAST CALL 6.1.24 8PM EST
49.8K25 -
1:02:02
The Kirk Minihane Show
9 hours ago420 Show
29.3K1 -
1:06:35
Patriots With Grit
7 hours agoSpeaking Up, Pushing Back | Daniel McGirr
34.5K6 -
56:19
Total Horse Channel
2 days ago2024 Buckeye Reining Series | Saturday Night | 7:30 pm EST
39.5K3 -
1:15:38
Steve-O's Wild Ride! Podcast
2 days ago $0.22 earnedG Eazy Opens Up About Falling Off - Wild Ride #217
45.8K14 -
18:44
We Profit with Stock Curry
6 days agoUltimate Advice for Teens & Young Adults
51.1K14 -
LIVE
Lofi Girl
1 year agoSynthwave Radio 🌌 - beats to chill/game to
560 watching -
21:00
Mr. Build It
23 days ago3 Ways to Build Garden Beds
40.6K14 -
1:42:14
Jewels Jones Live
1 day agoDETRANS w/ special guest Mary Margaret Olohan | A Political Rendezvous - Ep. 78
45K21 -
1:36:46
Roseanne Barr
1 day ago $73.82 earnedFor Love of Country with Tulsi Gabbard | The Roseanne Barr Podcast #50
160K451