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Does Trickle-Down Economics Actually Work? | Robert Reich 3 года назад


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Does Trickle-Down Economics Actually Work? | Robert Reich

Former Secretary of Labor Robert Reich debunks the three big myths that trickle-down economics is based on. Watch More: 12 Myths About Taxing the Rich ►►   • 12 Myths About Taxing the Rich | Robe...   To the extent the Republican Party has any economic platform at all, it’s trickle-down economics. Unfortunately for the GOP, it’s based on three giant myths. Myth #1: Tax cuts for corporations and the rich create more and better jobs. Wrong. Myth #2: Tax cuts for big corporations and the rich spur economic growth. Wrong again. Myth #3: Deregulation spurs economic growth. Not a chance. So don’t fall for trickle-down nonsense. It's nothing more than a cruel hoax to make the rich even richer. #CorporateTaxes #TrickleDown #Reaganomics

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