December 22, 2024
Letter

Try trickle-up economy

Trickle down economics, where Congress simply pays the corporations to stay in business has bankrupted the world’s economy.

Trickle up economics, where Congress stimulates the consumer and the consumer bails out the corporations with their buying power, will always improve and increase the world’s economy.

Give the corporations a bailout, you feed them for a day. Give the corporations consumers with disposable income, you feed them for a lifetime. Industries do not create consumers; consumers create industries.

Leonard S. Diecidue

Bangor


Have feedback? Want to know more? Send us ideas for follow-up stories.

comments for this post are closed

You may also like