Word: reiche
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...give very rich people tax cuts, they are not going to turn out the extra money. They are already spending as much as they want to spend,” Reich said. “That is the definition of being rich...
...Reich added that the notion of trickle-down economics—the theory that the affluent will pass on the benefits of their tax cuts to their employees—was debunked in the 1980s...
...It’s not trickle-down economics—it’s trickle-on economics,” Reich said. “Nothing actually trickles down...
...Finally, Reich said the Republican notion of investing in capital is misguided. Democrats invest in things like education and health care instead, Reich said...
...Democrats] don’t invest in property. We don’t invest in capital,” Reich said. “We invest in people...