This is the sh** that falls from the bull! Liz Truss's understanding of economics leaves much to be desired. This is yet more 'trickle-up' economics, i.e. economics which makes the rich, richer still and the poor, poorer still.
This voodoo economics will not lead to economic growth; in fact, it will probably lead to economic contraction. If policies like these led to economic growth, this country would have one of the fastest-growing economies on the planet. These neoliberal policies have been followed since Thatcher was in office back in the 80s; and look at the parlous state of the UK economy today! – © Mark Alexander
Liz Truss, the market fundamentalist »
Liz Truss urges world leaders to follow UK with trickle down economics: Reports that stamp duty will be cut with PM to use UN speech to argue for far-reaching tax reductions, putting her at odds with Joe Biden »
Trickle down economics is a load of bullshit! No economist (or politician) worth his or her salt would ever promote such a stupid theory. The theory has already been discredited. – © Mark Alexander
