Stiglitz: Time To Stop Talking About Trickle Down Economics

Posted by | November 3, 2015 10:00 | Filed under: Economy Politics Radio Interviews

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Liberal economist and Nobel recipient Joseph Stiglitz says we have to stop talking about trickle down economics and tax stock speculators at the same rate as other income earners. He was on radio with me Monday night.

 

Dr. Stiglitz’s new book, Rewriting the Rules of the American Economy offers a prescription for how to make the economy grow faster and fix income inequality. He’s offered his ideas to the presidential candidate (I’m guessing, most likely Sanders and Clinton) and they’d be wise to listen to him. However, Dr. Stiglitz says he has no desire to work in a presidential administration.

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Copyright 2015 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

11 responses to Stiglitz: Time To Stop Talking About Trickle Down Economics

  1. Larry Schmitt November 3rd, 2015 at 10:19

    Is anyone still talking about that? I thought it had been completely debunked.

    • Dwendt44 November 3rd, 2015 at 11:54

      We’ve been suffering under Reaganomics for over 30 years, it still isn’t working.

  2. Tommie November 3rd, 2015 at 10:25

    I will say it again, stop outsourcing jobs and hiring illegals and invest in Americans and things will change, not overnight but it will change for us all!

  3. FatRat November 3rd, 2015 at 11:15

    http://www.whatnowtoons.com/images/trickle-down-economy-what-now-297.jpg

  4. rg9rts November 3rd, 2015 at 13:28

    You mean that crap is still legitimate ???

    • Landscapegoat November 3rd, 2015 at 15:24

      To conservatives it is the 11th commandment.

      • rg9rts November 3rd, 2015 at 17:59

        As carved in stone and delivered by St Ronnie

  5. William November 3rd, 2015 at 16:51

    Trickle down economics.
    The principle that the poor who must subsist on table scraps dropped by the rich, can best be served by giving the rich bigger meals.
    William Blum.

    • Allison RenĂ©e Alworth November 3rd, 2015 at 21:32

      My interpretation of Trickle Down Economics is that it really means “Pee on you, I’ve got mine, you go find yours somewhere else (if you can).”

      Joseph Stiglitz is brilliant, right up there with Paul Krugman. I’ve read some of their books, and for a non-economics major, even I can understand what they’re talking about.

  6. amersham46 November 3rd, 2015 at 19:51

    With Trickle down economics all the money seems to stay at the top

  7. fahvel November 4th, 2015 at 03:41

    as the economy keeps growing, is it like a bubble head – an ever expanding dome on top with diddly squat below? When the head explodes, what happens?

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