Trickle-Down Economics Explained

You have probably wondered at some point just how so-called trickle-down economics work. Well, you have come to the right place. Sometimes a few graphics and cartoons do a far better job of explaining something than a stack of textbooks. To get a good grasp of trickle-down economics start with the following:

1. What Triggers Calls for Trickle-down Economics?

2. How Trickle Down Plays Out in the Real World

This sums it up nicely.(Click to embiggen)

3.Finally, as the old saying goes, “Fool me once, shame on you. Fool me three times, shame on me.”

4. Here’s one of the few economists worth listening to: Robert Reich. Read his new book Aftershock.