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Originally Posted by PsYcNeT
People who believe in trickle-down-economics.
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Which has repeatedly proven to only consolidate wealth.
https://en.wikipedia.org/wiki/Trickle-down_economics
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In New Zealand, Labour Party MP Damien O'Connor has, in the Labour Party campaign launch video for the 2011 general election, called trickle-down economics "the rich pissing on the poor".
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A 2015 paper by researchers for the International Monetary Fund argues that there is no trickle-down effect as the rich get richer:
If the income share of the top 20 percent (the rich) increases, then GDP growth actually declines over the medium term, suggesting that the benefits do not trickle down. In contrast, an increase in the income share of the bottom 20 percent (the poor) is associated with higher GDP growth.
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