Wednesday, April 5, 2017

Trickle-down Economics Doesn't Work

6 comments:

akagugo said...

So we know for sure that Trump's programme will be an extreme version of Reaganomics. What about Macron's? It may now dawn upon some why he's being invited to tomorrow's republic day in Paris...

Sanjay Jagatsingh said...

I was still trying to digest his comment on the number one problem of Africa and briefly saw headlines about plans for overhauling the French tax system. If he's cutting fat that's fine, but muscle?

The OFCE seems to be like the CBO. And the PPO I suggested a few years ago.

Sanjay Jagatsingh said...

Btw, is Trump's version worse than the one of Dr. Calamity? I don't think so when you see what the latter has done with our savings rate and the structural problem he created by giving a multi-billion rupee gift to a sunset industry. And what problems exactly did he or NCR and AM solve between 2005 and 2014? Traffic? Lol?

akagugo said...

Even the IMF is conceding that Trickle-Down Economics is an illusion: then why are we still stuck with it?

Sanjay Jagatsingh said...

1,3 ek 4 indiskitab? Pa pu moris antuka.

akagugo said...

And Emmanuel, Trump's more refined disciple, is feeling more friendly to his wealthy sponsors...