Thursday, May 12, 2016

"Trickle Down Economics" Is A Failure - Period

Economics is called the "Dismal Science" for a reason:  there are many interacting social and political forces combined with biased research data.  However, just as with tobacco and climate change, good research is now coming in on "Trickle down economics."

Over the last several years, unbiased evidence (for example, here, here, here) has been mounting that "Trickle down economics" (also called "Supply side economics") doesn't work and is harmful to society and individuals.  Recent research by the International Monetary Fund adds more evidence to the growing consensus.

The 'trickle down theory' is dead wrong

Most economists classify government economic policies into two main categories. The two main US political parties tend to disagree over which one is better. The following data analysis supports one over the other. Reminder: form opinions based on evidence and not propaganda.

Study: U.S. Supply Side vs. Keynesian Economics 

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Choose how you look at reality wisely. Yes, it is a binary choice.

Choose how you look at reality wisely. Yes, it is a binary choice.
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SCIENCE JUSTIFIES ITSELF

SCIENCE JUSTIFIES ITSELF
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