Trickle down economics was an economic policy supported by Ronald Reagan.
Which President is linked to the trickle down theory of economic
Not really. "Trickle down effect" suggests that more economic activity tends to promote economic growth, helping everyone to prosper. The International Monetary Fund generally doesn't favor growth; that's why they always support higher taxes, which retards economic growth.
trickle-down economic *NOVA NET
trickle-down economic *NOVA NET
trickle-down economic *NOVA NET
He had the Stimulus Economics, the Trickle down Economics, and Rugged Individualism. The only actual good economic idea he had however, was the Hoover Dam.
The notion of trickle-down is that increased credit or funds at the disposal of those least in material need willlead to increased economic activity because, their personal needs being already met, they will invest the money speculatively rather than merely spend it (as less wealthy people would) on basic consumption. The resulting growth in economic activity will "trickle-down" to those lower on the economic scale through the increased demand for goods and labor that expansion brings. The central proposition of "trickle-down" theory is that this is a more efficient and effective way to generate economic growth and widespread prosperity than alternative strategies such as (but not limited to) increasing credit or funds for people with lower incomes as they will spend more of it, stimulating growth through demand for goods and services.
President Hoover's volunteerism and trickle-down economic policies had failed.
President Hoover's volunteerism and trickle-down economic policies had failed.
A trickle of water went down the waterfall.
Ronald Reagan first promoted trickle down economics.