trickle down economics

Keystone: trickle-down economics lesson

The Keystone Pipeline: yet another opportunity missed for conservative marketing. Conservatives have been right, and even mildly aggressive, in pointing out the 11,000 jobs destroyed with the stroke of Joe Biden’s pen when he signed the executive order to suspend the pipeline construction. But they missed the much bigger lesson. Despite what some say or believe, the fact is that “trickle-down economics” isn’t just a theory, or even something to be argued. Trickle-down economics is just a phrase to describe the natural order of life. It’s indisputable: when you pull one economic lever, like taxation, people will react accordingly,…

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When politicians don’t understand economics

Today, Democrat House Representative Jerry Nadler, who’s name you may recognize for his role in one of the greatest scandals in United States history, posted this on his Twitter feed: This is a great example of what Democrats don’t understand about the reality of trickle down economics and why they say it doesn’t work. With trickle down economics, it’s not a question of whether or not it works. It just is. It’s simply a phrase to refer to the phenomena of how one act causes subsequent, related acts. In this case, people can go on “rent strike” or not…

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