Elizabeth Warren: Get a Shot at Doing Great

Posted by admin on Tuesday, November 17, 2015

Elizabeth Warren Money Quote saying trickle-down economics was a political ploy to enrich big companies and already wealthy. Elizabeth Warren said:
 
The trickle-down experiment that began in the Reagan years failed America's middle class.  Sure, the rich are doing great.  Giant corporations are doing great.  Lobbyists are doing great.  But we need an economy where everyone else who works hard gets a shot at doing great! Quote
 

“The trickle-down experiment that began in the Reagan years failed America’s middle class. Sure, the rich are doing great. Giant corporations are doing great. Lobbyists are doing great. But we need an economy where everyone else who works hard gets a shot at doing great!” — Elizabeth Warren

 

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Elizabeth Warren is criticizing trickle-down economics, which is the theory that tax breaks and benefits for corporations and the wealthy will trickle down to benefit the broader economy and population.

Trickle-down economics suggests that tax breaks and other economic benefits for large corporations and the wealthy will benefit everyone as the benefits “trickle down” through the economy.

Warren argues that this approach has failed the American middle class. While the rich and large companies have done well, ordinary working Americans who work hard have not all had a fair chance to achieve economic success.

She is advocating for an alternative economic system where the rules are not stacked against average working people, and where hard work is more likely to lead to a good life and economic security for more Americans.

Trickle Down Economics
 

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