commented on Trickle-Down Economics: Four Reasons Why It Just Doesn't Work
2016-08-24 08:24:38 -0400
This article is full of wrong information. But the big problem with it is that it assumes that rich people don’t have rights and poor people do have rights. The truth is that everyone has rights but governments don’t always secure those rights. And what are those rights? They include the right to engage in economic exchanges free from coercion from the government. When government steps in and starts picking winners and losers, starts redistributing wealth, that is the opposite of securing rights.