If billionaires and CEOs feel like they need to start paying for large security details, would that be an example of trickle down economics?
If billionaires and CEOs feel like they need to start paying for large security details, would that be an example of trickle down economics?
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If you are asking this seriously, trickle-down economics is an absurd nonsense theory, there are no examples of it.
Also, money changing hands is not what creates wealth, and those security details would be just an artificially maintained middle-class that can never be large.
Trickle down economy is a thing….but only in costs, not in profits.
[…] trickle-down economics is an absurd nonsense theory […]
Would you mind defining exactly what you mean by "trickle down economics"?
If it had a definition, it wouldn't be nonsense, would it?
"Trickle down economics" is a rhetoric instrument by which people try to convince the public that taxing poor people and fiscally spending in rich people will increase the poor people's quality of life.
If it had a definition, it wouldn’t be nonsense, would it?
It would depend on the definition in question. The term in a vacuum is just a collection of words — what those words mean is rather important, imo.
Well, ok, turns out I wrote a definition of the next line.
It's a nonsensical economical theory, with no definition on the context of economics.
[…] It’s a nonsensical economical theory, with no definition on the context of economics.
Hrm, if it has no definition in the context of economics, how could you know argue that, by its definition, it is a nonsensical economic theory? That seems to fail modus ponens.
[…] no definition on the context of economics.
Do you mean that, in your opinion, it has definitions in other contexts? If so, what would it be, and what would the contexts be?