Pros And Cons Of Trickle-Down Economics

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If I was POTUS (President of The United States), I'd absolutely reject the failed economic idea known as trickle-down. I'd work to replace it with one that is based on reality and common sense, not on fantasy. The basic ides behind trickle-down economics is that making the elite class (wealthy individuals, big business etc.) wealthier will result in the lower classes getting better jobs, higher pay, etc. While recently the lower classes have seen some financial growth, their growth is disproportionate to the growth of the elite class. Trickle-down advocate explains their belief with a scenario that goes something like this. Giving the wealthy class tax breaks will result in them starting or expand businesses. This, in turn, will create more

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