If you’ve lived in the US for any amount of time or followed their politics, you would see the ever present struggle between the conservative trickle down economics and the liberal bottoms up or “trickle up” approach.

While the former  believes in empowering the rich to create wealth and jobs by lowering taxes and creating incentives for big corporations,  the later increases taxes for the rich, raises minimum wage to boost  spending power of those at the bottom of the income gap and the middle class, etc.

And this is all believable depending on what you are watching between FOX, MSNBC, NBC and CNN.

See Robert Reich demystify the trickle down approach, and others, in this short video.

Happy viewing.

 

SAN

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