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The Great British Debate | Does trickle-down economics actually work?
‘This is generally not a policy that is articulated by those on the right, it is often used as a straw-man for the left.’
Dr David Jeffery, British Political lecture debates whether trickle-down economics works.
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@d.jparer5184
December 18, 2023 at 12:09 pm
He's completely right, Thomas sowell explains this very well…
https://youtu.be/nZPDpk8NA-g
@nickhoman1999
December 18, 2023 at 12:09 pm
start at the bottom and you get it all back in tax and spending.
@raymondharris6035
December 18, 2023 at 12:09 pm
There is no such thing as “Trickle Down Economics”. It is a straw man contrived by economic illeterates as an argument against supply side economics. It relies on an analogy which is more akin to communism where all wealth/money ultimately comes from the state, and the state decides who gets to keep what size share of said wealth, which is clearly contrary to the core principle of Supply side side economics which focuses on production, not consumption.
@jjhry177
December 18, 2023 at 12:09 pm
it does not to trickle down and it never has or will and bringing in foreign labour has caused more problems than good
@grantsapain
December 18, 2023 at 12:09 pm
Reagan & Thatcher both proved that it does…
@stephfoxwell4620
December 18, 2023 at 12:09 pm
Denise Coates of Bet 365 has been paid £300 million a year for six years.
Twice the pay of all her 4,000 staff.
When will that trickle down?
@davidedbrooke9324
December 18, 2023 at 12:09 pm
There was something for everyone wasn’t there.
@myzenlifeinnature
December 18, 2023 at 12:09 pm
I can't believe we are STILL talking about trickle down economics 40 years later. No, it's not a strawman left argument. It IS from the right.
New Zealand, since 1984, and then on steroids 1991, both our right and so-called left governments went further neo-liberal than anywhere in the world. Further than Reagan and Thatcher.
We went from an egalatarian country to one of the most unequal countries in the world. We are a basket case. The young and those who emigrated here are getting out now, me soon too, sadly.
Highest house prices and rents in the world. They want nurses to immigrate here, well where will they live – some overpriced dingy flat, forget about saving for a million dollar cold house.
I couldn't believe yr PM borrowing to pay tax cuts for the rich. Trust me, it won't work other than to further increase house prices for the rich and higher interest rates and inflation. Then wait for the ram raids from the growing dispossessed
@shrunkensimon
December 18, 2023 at 12:09 pm
Trickle down, and tax waterfall flowing upwards.
@SalmanAli-lf2si
December 18, 2023 at 12:09 pm
Trickle does not work it benefits the rich the rich can hide their money as well
@Curryking32000
December 18, 2023 at 12:09 pm
of course it does. If you don't create wealth, you don't get investment, if you don't get investment, you don't get jobs its as simple as that
@vonyp6018
December 18, 2023 at 12:09 pm
The human condition is greed,. Trickle down economics is a utopian fantasy. Pay the workers directly and let it be trickle out economics !
@gregmoore167
December 18, 2023 at 12:09 pm
The UK lockdowns caused probably around 50% of all our strife now, and worldwide lockdowns caused the other 40-45%! Putin has probably caused about 5%, or rather, NATO has!
@lumpyfishgravy
December 18, 2023 at 12:09 pm
Taxation and Trickle-Down aren't the same thing!!
@sirrodneyffing1
December 18, 2023 at 12:09 pm
"Trickle-down economics" does not even exist…and it's not "logical" at all, it's meaningless. It's a left wing caricature of capitalism that was fabricated in the US in the 30's. 'Trickle Down Theory and 'Tax Cuts for the Rich' by Thomas Sowell debunks this nonsense totally (12 pages £1.85 on Amazon).
@fubar.1
December 18, 2023 at 12:09 pm
It's not trickle down, it's more money for the rich, end of
@leecooper3852
December 18, 2023 at 12:09 pm
Politicians:- We are going to reward our friends with money, how can we convince the plebs its good for them?
Err…what name can we give it that makes it sound good…
Politician…trickle down economics…thats sounds good……haw, haw, haw.
@missandry5178
December 18, 2023 at 12:09 pm
Of course it doesn't work. If it had worked before. We wouldn't be discussing again?
@ssjmonstar
December 18, 2023 at 12:09 pm
It's furlough that's caused inflation and the government borrowing
The bank of England raising interest rates will have no effect on inflation
This isn't like the 2008 financial crash where banks was lending willy nilly and the bank of England raising interest to discourage further borrowing
This is what happens when you shut the economy down for 2 years and paying people to stay at home
A recession will combat inflation
@hazatack
December 18, 2023 at 12:09 pm
I can get black pepper for free from McDonald’s. “trickle down economics doesn’t work”…
@noelwallace5257
December 18, 2023 at 12:09 pm
If you keep voting for Thieves, Perverts, Nonces, and Murderers…. Guess what you get? FFS!
Try something new……The English Constitution Party, if you don’t get behind England you won’t survive.
Let that sink in.
@Arthur_King_of_the_Britons
December 18, 2023 at 12:09 pm
Instead of a 'debate' just get one person who actually knows what they're talking about
@mnro123
December 18, 2023 at 12:09 pm
It's Not Working Right Now
@goelnuma6527
December 18, 2023 at 12:09 pm
Tried, tried and tried again, does not work, Nana's make-up is awful
@mnro123
December 18, 2023 at 12:09 pm
That's My Answer To God Alone 🙏
@archivedotorgthefashybookw7039
December 18, 2023 at 12:09 pm
Does trickle-down economics actually work? nope
@crown9413
December 18, 2023 at 12:09 pm
Only a fool thinks money in the government will trickle down. We know the money would have been wasted on pointless managers and mp's expenses. No one talks about trickle down government spending.
@keewng
December 18, 2023 at 12:09 pm
Trickle -Down Economic is Labour Party Scam!
@williamk9490
December 18, 2023 at 12:09 pm
No, it doesn't work, but trickle-up economics makes sense, so that would work
@diogenesagogo
December 18, 2023 at 12:09 pm
Free market economists would say that it's rising tide economics not trickle down; everybody's boat floats as more water (money) comes in.
@6chhelipilot
December 18, 2023 at 12:09 pm
He's from the university of Liverpool. Probably a communist.
@boofuu3145
December 18, 2023 at 12:09 pm
each time they cut the top rate of tax its increased tax take , and trickle down? they spent the last 3 years shoveling money in everyones bank account , from furlough to cost of living , thats hardly trickle down
@fratercorvus1814
December 18, 2023 at 12:09 pm
it's like Socialism… show me one place where "trickle down" ever worked.
@jab-gn3sw
December 18, 2023 at 12:09 pm
It doesn't work 🏴🇬🇧
@deco2132
December 18, 2023 at 12:09 pm
Can we have our money back from Ukraine or at least be told what it has actually been spent on? No doubt its all going to dodgy people and not where its intended.
@deco2132
December 18, 2023 at 12:09 pm
Most immigrants who come and work in this country spend as little as possible in the UK economy. Almost all the eastern europeans I currently work with live 6 to a room, buy cheap food from the local eastern european food store and send more than half their wages back to their home country every month. This is destroying the British economy.
@stephfoxwell4620
December 18, 2023 at 12:09 pm
Obviously no.
They have tried it since 1980.
42 years and all that happened was the rich got much much richer.
@Set-ri6rs
December 18, 2023 at 12:09 pm
Not while our windswept tax haven islands exist, after all there is no legal way of forcing them to invest.
@tomround8271
December 18, 2023 at 12:09 pm
It would probably work if you didn't flood the market with cheap labour through mass uncontrolled immigration.
@tommyrotton9468
December 18, 2023 at 12:09 pm
no, it works a little, but on the whole the money stays in the banks or in property.
What actually works is trickle up economics, if the poor has more money to spend the rich get richer if they work harder to sell things.