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"Trickle Down Economics"

The Political Orphanage

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Trickle-Down Economics and Inequality

In this chapter, they discuss the concept of trickle-down economics and its effects on inequality. They mention that while the bottom quintiles may be experiencing higher wages and material benefits, overall inequality is still increasing. They emphasize that what matters to them is the improvement in the living standards of the poor, rather than the wealth of the rich.

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