Trickle Down Quotes

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  • Trickle-down economics is a myth. Enriching corporations - as the TPP would - will not necessarily help those in the middle, let alone those at the bottom.

  • We simply cannot afford to give the reigns of government so someone who will double down on trickle down

  • I call it [Donald's Trump plan] trumped-up trickle-down, because that's exactly what it would be. That is not how we grow the economy.

    Source: time.com
  • If there was ever any truth to the trickle-down theory, the only evidence of it I've ever seen was in that period of 1960 to 1965. All of sudden they were handing out major label recording contracts like they were coming in Cracker Jack boxes.

    Labels   Crackers   Boxes  
  • Trump's junk economics is the illusion that if we cut the taxes on the wealthiest brackets, it'll all trickle down. But it doesn't trickle down.

    Cutting   Junk   Illusion  
    Source: www.counterpunch.org
  • Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.

    Horse   Oats   Sides  
    "Recession Economics". New York Review of Books, Volume 29, Number 1, February 04, 1982.
  • Throughout the 1980s, we did hear too much about individual gain and the ethos of selfishness and greed. We did not hear enough about how to be a good member of a community, to define the common good and to repair the social contract. And we also found that while prosperity does not trickle down from the most powerful to the rest of us, all too often indifference and even intolerance do.

  • I trace the inequality to a particular set of decisions that we took when we lowered the tax rate from 91% down to very low levels at the top, where we stripped away regulations. So the result of that was not a more dynamic economy, but a more unequal society. We tried the experiment of trickle-down. A third of a century later, we can say fairly definitively that it was a failure.

    Source: www.businessinsider.com
  • Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.

    Ideas   People   Giving  
  • I don't want to see trickle down racism. I don't want to see a president of the United States saying things which change the character of the generations of Americans that are following. Presidents have an impact on the nature of our nature. And trickle down racism, trickle down bigotry, and trickle down misogyny, all these extraordinarily dangerous to the heart and character of America.

    "Mitt Romney says Donald Trump will change America with 'trickle-down racism'" by Theodore Schleifer, edition.cnn.com. June 11, 2016.
  • If you feed enough oats to the horse, some will pass through to feed the sparrows (referring to "trickle down" economics).

    Horse   Oats   Sparrows  
  • As bad as I disagreed on stuff, I wanted to get a technical foul, but I didn't. When guys on the team see me get technical fouls, it tends to trickle down to the team. I just took it and dealt with it.

    Team   Guy   Stuff  
  • I saw young women in the street dressing in a way that I thought was influencing the designers. Fashion was being influenced by all sorts of different people, and culture and also across the street. So I saw more as a trickle up, than a trickle down influence. When I came to Vogue, that's what I wanted it to reflect.

  • Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.

    "The Joy of the Gospel: Evangelii Gaudium". Book by Pope Francis, w2.vatican.va. November 26, 2013.
  • Trickle-down did not work. It got us into the mess we were in, in 2008 and 2009. Slashing taxes on the wealthy hasn’t worked. And a lot of really smart, wealthy people know that. And they are saying, hey, we need to do more to make the contributions we should be making to rebuild the middle class.

    "Presidential debate transcript: Trump and Clinton, verbatim" by Evan Vucci and Julio Cortez, www.macleans.ca. September 26, 2016.
  • The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through their no doubt lavish spending, upon those who stand below them on the economic ladder. Notice that the metaphor is not that of a gushing waterfall but of a leaking tap: even the most optimistic endorsers of this concept do not picture very much real flow, as their language reveals" pg. 102.

  • The Democrats have been there for working people in our country. That's who we are, trickle-down vs. middle-class economics. That's the major difference between the parties.

    Country   Party   Class  
    Source: www.pbs.org
  • Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.

    Cutting   Simple   Doe  
  • He'll call that trickle-down. I call it Niagara Falls.

    "Gore and Kemp Face Off in Vice Presidential Debate". "NBC Today Show", archives.nbclearn.com. October 10, 1996.
  • I believe that space travel will one day become as common as airline travel is today. I'm convinced, however, that the true future of space travel does not lie with government agencies -- NASA is still obsessed with the idea that the primary purpose of the space program is science -- but real progress will come from private companies competing to provide the ultimate adventure ride, and NASA will receive the trickle-down benefits.

    Real   Lying   Believe  
    Buzz Aldrin (2009). “Magnificent Desolation: The Long Journey Home from the Moon”, p.165, A&C Black
  • The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow’s hands.

    Night   Hands   People  
    "And Here's How It All Happened". Syndicated column #518. "Will Rogers' Daily Telegrams: The Hoover years, 1931-1933". Book by Steven Gragert, 1982.
  • Trickle down economics creates a nation of peons.

  • Don't let anybody tell you it's corporations and businesses that create jobs.

    "Hillary: 'Don't Let Anybody Tell You' That 'Businesses Create Jobs'". Hillary Clinton's speech to the crowd at a Boston rally for Democrat gubernatorial candidate Martha Coakley at the Park Plaza Hotel, www.breitbart.com. October 24, 2014.
  • Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it's going to trickle down to working people who are running faster and faster just to keep up, you'll never see it.

    Remarks at Laborfest in Milwaukee, Wisconsin, obamawhitehouse.archives.gov. September 6, 2010.
  • Fares are higher [and] people don't travel as much. If they don't do that, it doesn't have the trickle down effect into the economy and the other sectors.

    People   Economy   Higher  
    Source: skift.com
  • My philosophy has always been that benefits should percolate up rather than trickle down.

  • The "trickle-down" theory: the principle that the poor, who must subsist on table scraps dropped by the rich, can best be served by giving the rich bigger meals.

    William Blum (2003). “Killing Hope: US Military and CIA Interventions Since World War II”, p.20, Zed Books
  • Remember, Republican economic policies quadrupled the debt before I took office and doubled it after I left. We simply can't afford to double-down on trickle-down.

    Office   Debt   Remember  
    William J. Clinton's speech to the Democratic National Convention, www.washingtonpost.com. September 5, 2012.
  • Tolerance and understanding won't 'trickle down' in our society any more than wealth does.

  • Today, you get better performance from a Ford Focus than a Ferrari from the mid-70s. [The Focus] is just as fast and with better fuel economy. It's fun to see supercar technology trickle down to everyday cars.

    Fun   Technology   Car  
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