Randolph H. Wrote:
Oct 03, 2012 4:57 PM
The term 'Trickle Down' was invented to describe Ronald Reagan's economic policies to stimulate the economy and end the recession he inherited from Jimmy Carter, which worked very well for the next 35 years. Today Obama and the Democrats have made it unpopular by their false claims against it and have instituted economic policies that can be best be described as 'Trickle Up' economic policies, by flooding the poor with money through food stamps, welfare, disability, and other public entitlement monies, in an attempt to stimulate the economy through their spending trickling up to the middle class and thereby ending the recession he inherited from George Bush, which has failed miserably and prolonged the recession.