There is certainly a lot of confusion about trickle-down economics. I have been waiting for one of these critics to give me the alternative to trickle-down economics, but it has not emerged. All economic expansion is essentially trickle- down, being driven by investment. It just depends whether the investment is by capitalists from the private sector or by the government from the public sector. Without the trickle-down from some investment source, there are neither jobs nor economic growth.
Roger A. Sedjo
Disclaimer: As submitted to the Arizona Daily Star.