Trickle Down Economics Quotes

My friends, that's trickle-down economics, and I believe every worker in America is tired of being trickled on by George W. Bush ~ John F. Kerry

The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense. ~ Nick Hanauer

We must have an economy that does not force the migrant worker's child to miss school in order to earn ... just so the family can eat. That is the moral bankruptcy that trickle-down economics is all about. ~ Barbara Jordan

Trickle down economics is a fraud. Giving tax breaks to the rich and large corporations does not create jobs. It simply makes the rich richer, enlarges the deficit and increases income and wealth inequality. We need economic policies which benefit working families, not the billionaire class. ~ Bernie Sanders

Trickle-down economics So long as power remains privately concentrated, everybody, everybody, has to be committed to one overriding goal, and that's to make sure that the rich folk are happy - because, unless they are, nobody else is going to get anything. So, if you're a homeless person sleeping in the streets of Manhattan, let's say, your first concern must be that the guys in the mansions are happy - because, if they're happy, then they'll invest, and the economy will work, and things will function, and then maybe something will trickle down to you somewhere along the line. But if they're not happy, everything's going to grind to a halt, and you're not even going to get anything trickling down. ~ Noam Chomsky

You know and I know and economists know that trickle-down economics doesn't work. ~ Dannel Malloy

We've had trickle down economics in the country for ten years now, and most of us aren't even damp yet. ~ Molly Ivins

Thomas Piketty assembles the facts to prove a central point about trickle-down economics: Doesn't work. Never did. He has cold, hard data showing how the rich keep getting richer and how the playing field is rigged against working families. ~ Elizabeth Warren

We plutocrats need to get this trickle-down economics thing behind us: this idea that the better we do, the better everyone else will do. It's not true. How could it be? I earn 1,000 times the median wage, but I do not buy 1,000 times as much stuff, do I? ~ Nick Hanauer

Not so much a trickle down as a dragging-along. ~ Joel Mokyr

Don't let anybody tell you it's corporations and businesses create jobs. You know that old theory, 'trickle-down economics.' That has been tried, that has failed. It has failed rather spectacularly. ~ Hillary Clinton

I don't believe in trickle-down economics. I don't think that people who have the most are inclined to share it, generally. ~ Dave Matthews

[Donald] Trump and all the Republicans believe in the theory of trickle down economics which is a theory discredited even by the author himself David Stockton. The theory suggests that if we take care of the people at the top, if we cut taxes for the wealthy, if we make sure they are doing really well, then the investments that they make in the economy and the jobs that will create, will make everything grow and it will have a trickle down effect on the rest of us. ~ Debbie Wasserman Schultz

Suppose that we believe that in 200 years, people would be prepared to pay a million dollars (that's in today's dollars, not inflated ones) to be able to have an unspoilt valley. Now imagine that today we can profit by cutting down the forest in the valley, which will never regrow. If we apply an annual discount rate of 5 percent, compounded exponentially, how big would that profit have to be to justify the loss of a million dollars in 2210? The answer, surprisingly, is just sixty dollars! That's all that a million dollars in 200 years is worth, at that rate of discount. Obviously, then, if we use a 5 percent discount rate, values gained one thousand years in the future scarcely count at all. This is not because of any uncertainty about whether there will be human beings or other sentient creatures inhabiting this planet at that time, but merely because of the compounding effect of the rate of return on money invested now. ~ Peter Singer

Let's be honest. The powers that be all of a sudden realize that there's a lot of money to be made from the Latino market. It all comes down to economics. That's what's happening. So what! We're in style. I mean, that's silly, but I'm taking full advantage of that. ~ Paula Garces

The first law of economics is that when the price goes up, consumption comes down. This is a divine law. ~ Ahmed Zaki Yamani

Movie directors often shoot funerals in the rain. The mourners stand in their dark suits under large black umbrellas, the kind you never have handy in real life, while the rain falls symbolically all around them, on grass and tombstones and the roods of cars, generating atmostphere. What they don't show you is how the legs of your suit caked with grass clippings, cling soaked to your shins, how even under umbrellas the rain still manages to find your scalp, running down your skull and past your collar like wet slugs, so that while you're supposed to be meditating on the deceased, instead you're mentally tracking the trickle of water as it slides down your back. The movies don't convey how the soaked, muddy ground will swallow up the dress shoes of the pallbearers like quicksand, how the water, seeping into the pine coffin, will release the smell of death and decay, how the large mound of dirt meant to fill the grave will be transformed into an oozing pile of sludge that will splater with each stab of the shovel and land on the coffin with an audible splat. And instead of a slow and dignified farewell, everyone just wants to get the deceased into the ground and get the hell back into their cars. ~ Jonathan Tropper

There is a big divergence between views on a variety of policy issues from fiscal stimulus to financial regulation. It's my hope and my ambition for the economics profession that as we advance our knowledge, that those discussions will narrow in their focus, and that it will help to have more prudent policy-making down the road. ~ Lars Peter Hansen

Ponzi schemes don't trickle down, they siphon up. ~ Heather Marsh

We live in a crazily youth-orientated world nowadays. It's a trickle-down thing. We see pictures of lithe, attractive celebrity couples such as Brad and Angelina or the Beckhams cavorting around, covered in tattoos, stomachs as flat as the singing in early 'X Factor' rounds. ~ John Niven

That scientifically savvy philosopher Daniel Dennett pointed out that evolution counters one of the oldest ideas we have: 'the idea that it takes a big fancy smart thing to make a lesser thing. I call that the trickle-down theory of creation. ~ Richard Dawkins

I focus most of my attention on Hillary Clinton and her disastrous policies. I mean, there's a real danger in this election. Electing Hillary Clinton in an era where we now are so pessimistic about the future, would double down on [Barack] Obama economics and a failed foreign policy - so most of my attention is about my record and about defeating Hillary Clinton. ~ Jeb Bush

Remember, Republican economic policies quadrupled the debt before I took office and doubled it after I left. We simply can't afford to double-down on trickle-down. ~ William J. Clinton

I lead a life much below my level. Beyond the books, which trickle in slowly (I have to read what I can get, not what I have a mind to read), I have nothing to sustain my inner life; and everything around me exudes an indescribable prosiness, which presses down on me too with its brutal weight. Nothing on the order of a stroll with a dear person, not one hour of quiet and serene contemplation--all is tainted by mundane worry and staleness. I take it that productive creators fence themselves off from their environment by a certain regimen of living, a certain organization of their daily routine that does not allow the workaday banality, humdrum job, and the rest of it to get to them. I badly feel the lack of such a regimen, my incapacity to subject myself to such a discipline. One must, for instance, fence off one's inner life, not permit the vermin of ordinary cares to infest it. Some blindness used to protect me from this truth; I wore blinkers like a horse in harness. Now reality has won and penetrated my interior. ~ Bruno Schulz

In this age of specialization, I sometimes think of myself as the last 'generalist' in economics, with interests that range from mathematical economics down to current financial journalism. My real interests are research and teaching ... ~ Paul Samuelson

If you hear a "prominent" economist using the word 'equilibrium,' or 'normal distribution,' do not argue with him; just ignore him, or try to put a rat down his shirt. ~ Nassim Nicholas Taleb

People have a hard time accepting free-market economics for the same reason they have a hard time accepting evolution: it is counterintuitive. Life looks intelligently designed, so our natural inclination is to infer that there must be an intelligent designer
a God. Similarly, the economy looks designed, so our natural inclination is to infer that we need a designer
a government. In fact, emergence and complexity theory explains how the principles of self-organization and emergence cause complex systems to arise from simple systems without a top-down designer. ~ Michael Shermer

Thus we seem to be on the verge of an expansion of welfare economics into something like a social science of ethics and politics: what was intended to be a mere porch to ethics is either the whole house or nothing at all. In so laying down its life welfare economics may be able to contribute some of its insights and analytical methods to a much broader evaluative analysis of the whole social process. ~ Kenneth E. Boulding

Human beings are no longer born to their place in life, and chained down by an inexorable bond to the place they are born to, but are free to employ their faculties, and such favourable chances as offer, to achieve the lot which may appear to them most desirable. ~ John Stuart Mill

The rich are always going to say that, you know, just give us more money and we'll go out and spend more and then it will all trickle down to the rest of you. But that has not worked the last 10 years, and I hope the American public is catching on. ~ Warren Buffett

The corporate system is interconnected and now share a common invested interest, the ability to control through business, the people. It is an inevitable path the parameters set will take the beast down following the easiest way to collective profits, to control the ones that provide them. It is also logical to protect your own, from ones that are shedding light through Art on the grey water they may have stepped into to reach their fullest profit potentials. It is the logical solution to what would be, just business. So the Matrix story albeit written to lift for all the ceiling of what is possible, has inevitably shined a light on the entire path that was chosen and the pre-chosen road ahead that collective corporations were on creating a separate state of politically connected elite and those seeking award through serving them. A natural progression of what was set in place from the beginning. The flaw was in the design of the collective corporate system, globally intertwined now, and immersed in politics, protecting its own, making the question real this time, how to balance the equation. ~ Tom Althouse

I think the association of economics with forecasting is unfortunate and is down to the fact that one great way to get an investment bank's name on business television is to hire a guy called a Chief Economist who will go and prognosticate. ~ Tim Harford

The fatal false step which, once taken, would thrust her down into the terrible slavery of appetite and hate and economics and government which our race knows so well. ~ C.S. Lewis

Darren had always wanted to believe that theirs was the last generation to have to live that way, that change might trickle down from the White House. When in fact the opposite had proved to be true. In the wake of Obama, America had told on itself. ~ Attica Locke

The perfect bacon sandwich is on white bread, very soft and very thick. Sourdough with a good crust. The bacon is half way to being crispy - and there's lots of it - and enough brown sauce to trickle down your arm. You've not really enjoyed a bacon sandwich unless 10 minutes later you're still licking your wrists. ~ Howard Jacobson

The young people I teach now know they are being sold down the river before we even start studying the trends and numbers. That's the toughest part of being a high school economics teacher ... being a witness when our children realize that the greatest deficit of all is a deficit of leadership. ~ Kurt Bills

The social consequence of the psychedelic experience is clear thinking -which trickles down as clear speech. Empowered speech. ~ Terence McKenna

Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it's going to trickle down to working people who are running faster and faster just to keep up, you'll never see it. ~ Barack Obama

Each of us attempted to stem & hold fast the unending flood of his thoughts which tended to trickle off into that inner void. Our personalities were in an evanescent state, with sudden fits of remembering, faint intimations from the senses, irradiations from the subconscious, degenerate appetites & a most insidious lassitude. Everyone knows these little manikins of elder-pith that have a pellet of lead at the base so that they always stand up on their feet, no matter how one puts them down. Imagine that the leaden pellets are a little off center. One figure will lean to the right, another to the rear, another will bow its head or almost lie down. So it was with us. We had lost our balance, our sense of individuality, the perpendicular of our lives; our conscience was adrift, was sinking to the bottom, & we have no ballast to drop. We were out of kilter. ~ Blaise Cendrars

I write fantasy because it's there. I have no other excuse for sitting down for several hours a day indulging my imagination. Daydreaming. Thinking up imaginary people, impossible places. Imagination is the golden-eyed monster that never sleeps. It must be fed; it cannot be ignored.
Making it tell the same tale over again makes it thin and whining; its scales begin to fall off; its fiery breath becomes a trickle of smoke. It is best fed by reality, an odd diet for something nonexistant; there are few details of daily life and its broad range of emotional context that can't transformed into food for the imagination. It must be visited constantly, or else it begins to become restless and emit strange bellows at embarrassing moments; ignoring it only makes it grown larger and noisier. Content, it dreams awake, and spins the fabric of tales. There is really nothing to be done with such imagery except to use it: in writing, in art. Those who fear the imagination condemn it: something childish, they say, something monsterish, misbegotten. Not all of us dream awake. But those who do have no choice. ~ Patricia A. McKillip

Jeff," she said, sobbing, "I'm scared! I don't want to die! Not ... die forever, and - "
He hugged her tightly, rocked her in his arms and felt his own tears trickle down his face. "Just think of how we've lived. Think of all we've done, and let's try to be grateful for that."
"But we could have done so much more. We could have - "
"Hush," he whispered. "We did all we could. More than either of us ever dreamed when we were first starting out."
She leaned back, searched his eyes as if seeing them for the first time, or the last. "I know," she sighed. "It's just ... I got so used to the endless possibilities, the time ... never being bound by our mistakes, always knowing we could go back and change things, make them better. But we didn't, did we? We only made things different. ~ Ken Grimwood

And with the Occupy Movement, it's really ironic how the police come as representatives and enforcers of the powers that be, even though the people in the Occupy Movement are really on their side - not in terms of their behavior, but in terms of their economic status, in terms of who the police are in society and how much they're paid, and if you boil it down to the economics of it, the police should be out there marching with the Occupy Movement. ~ Oren Moverman

To be an effective organisation, the structure of the organisation must be willing to adapt to a network model, leaving the old hierarchy model behind. We see the efficacy of the network model daily in many areas of our lives, and this greatly challenges the old from-top-to-down hierarchical model that many organisations have a hard time letting go of. But I suppose at the end of the day, it is a matter of survival. Simply put, in order to survive, one must adapt and to adapt today, means to take on a more networked approach to doing things in organisations, groups, companies and even in society as a whole (including politics). So in other words, in order for society in all of its forms from big to small, to move forward strongly, it must adapt to a framework that sees itself as a network rather than a hierarchy. ~ C. JoyBell C.

Rather than double-down on the top-down economics that let a fortunate few play by their own rules, let's embrace an economic patriotism that says we rise or fall together, as one nation, and as one people. ~ Barack Obama

Steve Jobs has a saying that A players hire A players; B players hire C
players; and C players hire D players. It doesn't take long to get to Z
players. This trickle-down effect causes bozo explosions in companies. ~ Guy Kawasaki

The question is not what anybody deserves. The question is who is to take on the God-like role of deciding what everybody else deserves. You can talk about "social justice" all you want. But what death taxes boil down to is letting politicians take money from widows and orphans to pay for goodies that they will hand out to others, in order to buy votes to get reelected. That is not social justice or any other kind of justice. ~ Thomas Sowell

The number of games went up or down according to the brutal, elegant logic of the economics of fun:
a certain amount of difficulty
plus
a certain amount of your friends
plus
a certain amount of interesting strangers
plus
a certain amount of reward
plus
a certain amount of opportunity
equaled
fun ~ Cory Doctorow

He's whispering again. I'm finding it hard to hear, and we're standing close together.
What do you want to ask?
'If Hen/ was the same as she is now, in every way, but was a bit less physically attractive in one significant way, do you think you would have married her?'
I'm caught off guard by the question, but I don't want to show that I am, so I don't hesitate with my answer.
Of course, I say. I love Hen. Hen's my wife. She'll be with me forever. I've always loved he. I'll always love her.
' I know that. I know. I don't doubt you love her very much. That's not really what I'm asking, though. Are you sure you would have married her? Committed to her forever? Think about it. Does her appearance not mean anything to you? Is that what you're saying? That what she looks like is irrelevant?'
It's such a blonde question. It seems out of line with everything else we talked about. I feel a trickle in sweat slide down my spine.
I'm saying, to me, no matter what, she would still be Hen.
'Would she, though? Would she still be the Hen you fell in love with? What about this: What if she looked exactly as she does right now, but she was a little less intelligent? Would she still be Hen?'
That's just stupid. It's a stupid question. Hen is Hen. ~ Iain Reid

The whole intention of empirical economics is to force theory down to Earth. ~ George Akerlof

I have to tell you, I'm not like Demi Moore, where the tears trickle prettily down my cheeks. My whole face screws up and it's like, 'Oh please, get a room.' ~ Jennifer Tilly

If you look at forces that improved products like socks, sweaters, and Twinkies,the engine that drives that system is economics. It's economics that breaks down for software so that it remains indefinitely in its present primitive stage of evolution. ~ Brad Cox

The world economy is in a nosedive, and understanding what I call "depression economics" - the weird world you get into when even a zero interest rate isn't low enough, and a messed-up financial system is dragging down the real economy - is essential if we're going to avoid the worst. ~ Paul Krugman

A slow trickle of lust crawled painfully down the parched gully of desire, and ended feebly in dry fumbling lechery. ~ Thomas Wolfe

In ordinary perception, the senses send an overwhelming flood of information to the brain, which the brain then filters down to a trickle it can manage for the purpose of survival in a highly competitive world. Man has become so rational, so utilitarian, that the trickle becomes most pale and thin. It is efficient, for mere survival, but it screens out the most wondrous parts of man's potential experience without his even knowing it. We're shut off from our own world. Primitive man once experienced the rich and sparkling flood of the senses fully. Children experience it for a few months-until "normal" training, conditioning, close the doors on this other world, usually for good. Somehow, the drugs opened these ancient doors. And through them modern man may at last go, and rediscover his divine birthright ... ~ Tom Wolfe

The first time I saw adult chimpanzees in these five-by-five foot cages ... tears began to trickle down under my mask, and [JoJo, a chimp,] just reached out this gentle finger and wiped them away ... And then the veterinarian came. He knelt down beside me and put his arm around me. He said, I have to face this every day. ~ Jane Goodall

If you are fortunate enough to have a particular activity with which you find greatest joy and technical success, it is your responsibility as a growing human being to continue that study. Whatever your endeavor, if you can expand upon the knowledge in your strongest subject, that new found understanding of all things will trickle down to every other area of your life. ~ Chris Matakas

If it's free put me down for two please ~ Rolf Harris