Article 5BWAP Trickle-down economics doesn't work but build-up does – is Biden listening? | Robert Reich

Trickle-down economics doesn't work but build-up does – is Biden listening? | Robert Reich

by
Robert Reich
from on (#5BWAP)

A new study confirms tax cuts for the rich do not benefit the rest. Recovery from the pandemic is a chance to change course

How should the huge financial costs of the pandemic be paid for, as well as the other deferred needs of society after this annus horribilis?

Related: Jeff Bezos became even richer thanks to Covid-19. But he still won't protect Amazon workers | Robert Reich

You don't need a doctorate in ethical philosophy to think that now might be a good time to redistribute some of riches

Related: Joe Biden's economic team beats Trump's goon squad - but it faces a steep challenge | Robert Reich

Robert Reich, a former US secretary of labor, is professor of public policy at the University of California at Berkeley and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His new book, The System: Who Rigged It, How We Fix It, is out now. He is a columnist for Guardian US

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