President Joe Biden pitched his economic plan in a major address in Chicago, trying to persuade Americans that his strategy is producing results by creating record-breaking jobs and investments despite widespread discontent over his handling of the economy. Biden is attempting to define his economic strategy, termed “Bidenomics,” as a substantial departure from the “trickle-down”…
‘Trickle Down Economics’ Label Used to Denigrate Capitalism: Economist
The term “trickle-down economics” is nothing more than a label used by opponents of capitalism to disparage free markets, according to economist John Humphreys. Humphreys, the chief economist at the Australian Taxpayers Alliance, said despite the term being widely used, it was nowhere to be found in economics studies. “People who argue for free-market capitalism…
‘Trickle Down Economics’ Nothing More Than a Label Used to Smear Capitalism: Economist
The term “trickle-down economics” is nothing more than a label used by opponents of capitalism to disparage free markets, according to economist John Humphreys. Humphreys, the chief economist at the Australian Taxpayers Alliance, said despite the term being widely used, it was nowhere to be found in economics studies. “People who argue for free-market capitalism…
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