Robert Reich Wearing Trickle Down Economics shirt, hoodie and sweatshirt

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RobertReich,theformerUnitedStatesSecretaryofLaborandacclaimedeconomist,hassparked controversywithhislatestfashionstatement.Hehasbeenspottedwearingat-shirtthatboldlystates,“Trickle DownEconomics.”Theshirthasbecomeasymbolofhisoppositiontotheeconomicpoliciesthathave dominatedthelastfewdecades.

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Trickle-downeconomics,alsoknownassupply-sideeconomics,isamacroeconomictheorythatadvocates fortaxcutsandderegulationtostimulateeconomicgrowth.Thetheorypositsthatbyprovidingmoremoney tocorporationsandwealthyindividuals,theywillinvestandcreatejobs,whichwilleventuallybenefitthe entirepopulation. $22.99

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RobertReichWearingTrickleDownEconomicst-shirt

RobertReichWearingTrickleDownEconomicsshirt-Aboutus

Reicharguesthattrickle-downeconomicshasfailedtodeliveronitspromises.Heclaimsthattaxcutshave primarilybenefitedthewealthy,whilederegulationhasledtoincreasedinequalityandenvironmental damage.Hebelievesthatthegovernmentshouldfocusonpoliciesthatdirectlybenefitthemiddleclassand thepoor,suchasinvestingineducation,healthcare,andinfrastructure.

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