Trickle Down Economics Quotes

The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow’s hands.

One of the key principles of Trumponomics is that faster economic growth can help solve a multitude of other social and economic problems, from poverty to inner-city decline to lowering the national debt.

Conservatives believe the economy functions better if the rich have more money and everyone else has less. But they're wrong. It's just the opposite.

When it comes to America's economy, the truth is that Mitt Romney believes that the key to our country's economic future lies in the failed policies of the past, the same ones that put banks before people, Wall Street before Main Street, plunging us into recession and devastating the middle class.

Trickle down economics says that the best way to feed the birds is to give oats to the horse.

The defeats and victories for the people at the top aren't defeats and victories for the people at the bottom.

President Reagan told us from the beginning that he believed in a kind of Social Darwinism, survival of the fittest ... [that] we should settle for taking care of the strong, and hope that economic ambition and charity will do the rest. Make the rich richer, and what falls from the table will be enough for the middle class and those who are trying desperately to work their way into the middle class.

People getting rich in a free society in general - with some scammy exceptions, which are rare - makes everyone else richer, too.

The idea behind Reaganomics is this: a rising tide lifts all yachts.

I don't believe in trickle-down economics. I don't think that people who have the most are inclined to share it, generally.

American economic greatness has never trickled down from the top.

The stagflation of the 1970s blessed us with damaging wage and price controls and the utterly counterintuitive supply-side notion - famously drawn on a napkin - that cutting taxes would lead to higher tax revenues.

Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.

The Republican world view is, if you are down on your luck, you are out of luck.

During the 1980s, many people mistook Thatcherism and Reaganism - actually a wild form of liberalism - for conservatism.

The crowd that is running Washington today has had 12 years and it failed

It reflects a reversion to the old idea that the tree can be fertilized at the top instead of at the bottom — the old trickle-down theory.

Mitt Romney's primary season embrace of the social and economic agenda of the more rabid elements of his party doomed him, especially the shrill immigration rhetoric and the harshly insensitive theory that no additional sacrifice or contribution should be sought from those at the top.

Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class.

We are all living in a world shaped by Reagan and his ideology of small 'l' liberalism.

If you stimulate the economy by means of a tax cut, the people that you tend to be benefiting are the better off.

Since the 70s and the 80s you see the rise of neoliberalism. The central dogma of neoliberalism was that most people are selfish. So, we started designing our institutions around that idea, our schools, our workplaces, our democracies. The government became less and less important.

[T]hese tax cuts for the wealthiest Americans are also the tax cuts that are least likely to promote growth.

The global policy shift toward neo-liberalism that took place during the 1980s and 1990s was supposed, according to its proponents, to bring a convergence of living standards of richer and poorer nations. This never actually happened.

President Reagan preached 'trickle down economics' but naively did not reckon on the fact that the wealthy would only care about getting more for themselves instead of caring about helping those with less.