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Posted inCT Viewpoints

Forget ‘trickle down.’ It’s time for ‘bubble up’ economics

My interest in politics was sparked by a college course.  It was late 80s – early 90s and my professor made no attempt to disguise for his distaste for Reaganomics, epitomized by the “trickle down” economics policy the president embraced.  I graduated into the worst job market in decades and, brief Internet bubble aside, the years have shown the falseness of the premise that putting money in the hands of the top 1 percent of shareholders, investors and titans of industry would make its way down to stimulating economic prosperity for the majority of Americans– the recent tax cut to wealthy people and corporations included.