http://www.ringoffireradio.com/2015/03/the-only-thing-that-trickles-down-is-bullshit/
For most of America’s largest corporations, the recession ended years
ago, and they’re back to setting records with regards to their yearly
profits. And if trickle down economics has taught us anything, its that
putting more money into the hands of the wealthy will mean more cash
flow for the rest of the country. But trickle down doesn’t work, and
the massive cash hoards that corporations are sitting upon are just
being funneled back into the company.
Ring of Fire’s Farron Cousins discusses this with Bryce Covert, the economic policy editor of Think Progress.
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