Will deniers of the "Trickle Down" effect at least admit it's the bottom rung of employees that are being hurt the most.?

The rich, and most middle class are fine for now but the people who count on them going out to dinner and spending money on movies, sports, etc are the one suffering. This is the trickle down effect and it can't be denied.

5 Answers

Relevance
  • 7 months ago

    Not unless they are bigger liars than I thought.

    The "bottom rung" of employees don't make more than $600 a week, so even if they lose their jobs, they'll be getting more in unemployment (with the extra $600 Congress recently approved) and stimulus checks (another $1200 per non-dependent adult) than they were making at work, so they're coming out ahead financially.

    Many of the rich who have lost millions in the stock market and are fairing much worse.

  • Anonymous
    7 months ago

    Nope  ,You dont understand the  free Market

  • Anonymous
    7 months ago

    If “suffering” is defined as absolute or percentage decline in net worth, the rich and middle classes are suffering the most. The poor generally have no net worth to lose.

  • Anonymous
    7 months ago

    Trickle down DOES NOT WORK! It's the biggest hoax placed on the American people.

    -

    TRICKLE-DOWN ECONOMICS: FOUR REASONS WHY IT JUST DOESN'T WORK

    http://www.faireconomy.org/trickle_down_economics_...

  • What do you think of the answers? You can sign in to give your opinion on the answer.
  • 7 months ago

    as opposed to any other system?

    and no.... making the bottom half of the middle class worse off does NOT count as "helping the poor"...

Still have questions? Get answers by asking now.