Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - New Study Highlights Failures of Trickle-Down Economics

peter12 · 12-23-2020, 01:32 PM

The whole notion of trickle-down economics is basically a defunct stimulus program from the Reagan years given theoretical legitimacy by conservative think tanks since. All it did was basically wring out the last drops of Boomer productivity. It is a totally invalid mode given our current challenges such as aging demographics, technological stagnation, climate change, and massive inequality.

No matter where you stand, it is a certainty that the state will have an increase role in the economy than it has over the past few generations of economic growth.

Tax cuts for the sake of jurisdiction competitive advantage will still be somewhat important, but is already beginning to ebb - especially as more and more countries adopt ESG frameworks for their economies.

12-23-2020, 01:32 PM	#29
peter12 Franchise Player Join Date: Jul 2002 Exp:	The whole notion of trickle-down economics is basically a defunct stimulus program from the Reagan years given theoretical legitimacy by conservative think tanks since. All it did was basically wring out the last drops of Boomer productivity. It is a totally invalid mode given our current challenges such as aging demographics, technological stagnation, climate change, and massive inequality. No matter where you stand, it is a certainty that the state will have an increase role in the economy than it has over the past few generations of economic growth. Tax cuts for the sake of jurisdiction competitive advantage will still be somewhat important, but is already beginning to ebb - especially as more and more countries adopt ESG frameworks for their economies. Last edited by peter12; 12-23-2020 at 01:34 PM.