SYSK Selects: How Trickle-Down Economics Works

Stuff You Should Know

iHeartPodcasts

Society & Culture

4.6 • 79.3K Ratings

🗓️ 17 March 2018

⏱️ 46 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The concept of trickle-down economics is tied to Ronald Reagan, but the idea's been around and in use since the 20s. It's simple: Give more money to the wealthy and they can use it to rev up an economy. But is the whole thing just a scam?

Transcript

Click on a timestamp to play from that location

0:00.0	There's so much news happening around the world that we're somehow supposed to stay on top of.
0:05.7	That's why we launched The Big Take.
0:08.3	It's a daily podcast from Bloomberg and I Heart Radio that turns down the volume a bit
0:14.0	to give you some space to think.
0:16.4	I'm Wes Kosova.
0:17.7	Each weekday I dig into one important story and talk about why it matters.
0:23.6	Listen to The Big Take on The I Heart Radio App, Apple Podcasts or wherever you listen.
0:31.8	Hey everybody, it's me, your old pal Josh.
0:34.7	And for this week's S.Y.S.K.S.
0:36.6	Selects, I've chosen how trickle-down economics works.
0:40.1	It sounds boring, but it'll actually knock your socks off.
0:43.0	It's so interesting.
0:44.4	And maybe Ronald Reagan will make an appearance.
0:48.1	Who knows?
0:49.1	You'll have to listen and find out.
0:50.7	Enjoy.
0:57.3	Welcome to Steffi Shednau from HouseofWorks.com.
1:07.3	Hey and welcome to the podcast.
1:08.8	I'm Josh Clark and there's Charles W. Chuck Bryant and Jerry and they're snickering and
1:13.9	tittering and that makes this thing Steffi Shednau.
1:17.4	Yeah, we've got sidetracked before talking about things that trickle.
1:22.6	Names.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from iHeartPodcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of iHeartPodcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.