Inventor Of Trickle Down Economics Says Trump’s Tax Plan Is “Dead on Arrival” - The Ring Of Fire
May 1, 2017
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5:00Now PlayingInventor Of Trickle Down Economics Says Trump’s Tax Plan Is “Dead on Arrival” - The Ring Of Fire
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as posted by the channelDavid Stockman, the economist who developed the theory of trickle down economics during the Reagan administration, says that Trump’s tax plan is a disgusting giveaway to the wealthy elite and that it will result in an economic downturn. Stockman has admitted that his theory of trickle down economics is implausible, and he regrets the damage that his policy has caused this country. Ring of Fire’s Farron Cousins discusses this.
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