Biden: ‘Trickle-Down Economics Has Never Worked’ | NBC Nightly News

47 thoughts on “Biden: ‘Trickle-Down Economics Has Never Worked’ | NBC Nightly News”

1. Calvin Coolidge invented trickle down economics . 100 years later the GOP still learned . Hopefully , they learn in the next 100 years .

2. "Trickle-Down Economics" is a made-up phrase used by democrats when they want to go on a spending spree. There's no such thing as "Trickle-Down Economics," yet the same dumb voters still listen to this talking point.

3. There is no such thing as trickle down economics, bs….

4. Someone tell sniffy there is no such thing as trickle down economics
   It's a leftist talking point oh and btw there are no trillionairse
   You freak'n leftists are brain dead

5. That's because

6. Neither does socialism.

7. Because Trickle-down economics isn't a real economic theory.

8. 🤮🤮🤮🤮🤮🤮🤮🤮🤮🤮

9. Border CRISIS goes unchecked! Even CNN takes notice, biden silent: https://youtu.be/Obg232V117o

10. Why is this the only smart thing he has ever said

11. oh!

12. Except for in the 80's and past 4 years. Joe is my regret vote.

13. One of the biggest SCAM ever made to the face of American peoples to stole their money and give it to the 1%

14. Biden is a total disaster.
    Just resign and concede to President Trump.

15. Yes, the eye above the pyramid is open and awake!

16. Direct quote from Biden in this speech—

    "The United States accounts, as all of you know, for less than 15 percent of carbon emissions. The rest of the world accounts for 85 percent. That’s why I kept my commitment to rejoin the Paris Accord, because if we do everything perfectly, it’s not going to matter." 

    Rare moment of honesty or just another teleprompter issue? Hard to tell with Mr. MaGoo

17. Trickle down was always absolute nonsense . The rich do not spend .

18. Locally we need to Fed , CityWorks,,, Sell back Town home to the CityWorkers( Flat)

19. George H. Bush admitted the economy is, at least, 70% driven by the consumer – something I already knew.
    When people are so SQUEEZED by ridiculously low wages, any spike in essential goods, ie gasoline, etc., they cut back on other spending. Inventories rise. People are laid off. And into recession. And we've had so many.
    It's not rocket science.

20. How do u not clap for this

21. As long as you dont tax me and tax the next guy

22. This pandemic has taught not to rely on the government for assistance. A lot of us started taking our journey towards financial freedom more serious! I advice everyone to start your financial journey right now because 6 months Of negotiating doesn't make any sense no matter what side you're on!

23. What a legend

24. Has Joe Biden disclosed the source he is quoting???? Because an ACTUAL economist has put his MONEY where his mouth is and challenged ANYBODY to show him the paper(s) that describe exactly WHAT “Trickle Down Theory” IS!?! Or is this just another made-up term like “what-about-ism” to obfuscate that the speaker doesn’t have a single notion of WHAT they are talking about but using a nonsense label to cover up ignorance…
    https://youtu.be/nZPDpk8NA-g

25. Cuz of crypto currency.. anyone’s money can go up doing it and cuz of businesses closing down due to COVID.it made Americans rely on big corporations sleepy joe.. man you don’t know wtf you’re talking about at all.

26. I’m not going to vote for republicans again!!!!

27. Great speech, pray it is accepted by all to be successful. Republicans have to join the game.

28. based

29. It’s very surreal to hear these words come out of the mouth of the president of the US to lambast the 0.1% of the richest and unequivocally say that the horse and sparrow economics has failed us. Yep, the “trickle-down” scam has been around for centuries under different names. The theory goes if you feed your horse enough oats some of it will eventually pass through him along with excrement which he will pinch on the road for the sparrows to feed on.

30. This is the most important statement made by a President in my life and it has 2k views 🙁

31. Finally the Democrats admit what is obvious… now is the time for the Republicans to do the same. United we will stand strong… divided the top 1% will keep getting richer!

32. Trickle down economics never worked for a reason…

    CORPORATE GREED!!!

    You're asking RICH PEOPLE to financially give back to YOU!!!

    Bhwahahahahaaaaaaaaaaaa!!!

    Fact: The RICH stay RICH by being FRUGAL; they're, in short, CHEAP! They'll pinch a penny so hard, blood will come out of Lincoln's nose.

    I'd stopped watching award ceremonies, like this past Oscars years ago, when I found out that these celebrities are showing up in outfits and jewelry they could afford to buy, but instead rented it, then turned it in the next day. That's being CHEAP!!!

    How are you going to convince such a person, to give up THEIR MONEY, to help those who serve them?

    You can't… You have to make them. Food for thought.

33. Now I wish he actually meant it. He’s a run-of the mill neoliberal, and neoliberals have trickle-down economics as a blueprint to the economy.

34. Truth!

35. He doesn't know what supply side economics even is and has never read any book by any of the classical/Austrian/Chicago school of economists.

    If you actually understand economics you'll know that trickle down economics is the straw man term for supply side economics, supply side economics has worked before and will always work

36. When Bernie didn’t win, I’d never thought I’d see the the day an American president would say those words. Historical!

37. Obama 2024!

38. You have those cheering it on because they know it's true and those sitting down because their masters tell them to keep pushing trickle down economics.

39. Best president ever

40. EVERY President since Reagan has cut taxes on the RICH!!! NO MORE!!!

41. After 40 years of trickle-down economics it's time we dispense of the legacy of Reaganism.

42. Buy Bitcoin

43. Thank God for a President who really cares about working people, Joe Biden.

44. Will he win in 2022 ?

45. I've been very critical of Biden with-in the past year, but he's speaking absolute facts here.

    Trickle Down Economics has caused inequality to explode in our economy ever since the 70s. It's has been a complete and utter failure to say the very least.

46. It's great to see two females leaders in power behind Biden

47. Best way to win this failed war is 40 highest infected nations work with 40 lowest.

    Tables list 1) 40 nations that prove best Virus Control Ability, VCA, of 80 nations,
    2) Life Expectancy in each, inside [..], 3) VIRUS DEATHS RATIOS, in %,
    4) 80-days-VCA-History-TRENDS, inside (..), Deaths in each, Apr 29, 2021,
    Conclusions and RULES OF LOCAL CLIMATES THERMODYNAMICS.

    1 – [4] SNGPR 0.05(0.05) 30…………….. 2 – [114] BHTN 0.09(0.12) 1
    3 – [33] MLDV 0.25(0.32) 71………………4 – [126] MNGL 0.29(0.11) 97
    5 – [49] TLND 0.29(0.43) 178………………6 – [145] ERTR 0.27(0.33) 10
    7 – [41] UAE 0.31(0.28) 1,580………………8 – [47] BHRN 0.36(0.36) 617
    9 – [63) MLAS 0.37(0.36) 1,477…………… 10 – [93] CYMN 0.37(0.51) 2
    11- [8] ICL 0.45(0.48) 29……………..12 – [28] CYPR 0.48(0.64) 303
    13 – [94] SYCL 0.49(0.42) 26……………..14 – [37] CUBA 0.59(0.83) 614
    15 – [51] SLNK 0.63(0.49) 661……………..16 – [19] MRTNQ 0.64(0.70) 68
    17 – [14] NRW 0.67(0.75) 753……………..18 – [45] SnMRT 0.70(0.97) 12
    19 – [100] USBK 0.72(0.79) 646……………..20 – [55] BORA-BORA 0.75(0.73) 141
    21 – [9] ISR 0.76 (0.74) 6,361……………..22 – [43] CURC 0.88(0.44) 107
    23 – [65] SRB 0.92(0.89) 6,312……………..24 – [108] CBVRD 0.93(0.95) 211
    25 – [45] ESTN 0.95(0.92) 1,148……………..26 – [21] ANDORA 0.95(1.01) 125
    27 – [150] PAP 0.98(1.06) 107……………..28 – [15] NZ 1.00(1.04) 26
    29 – [29] DNMK 0.99(1.02) 2,481…………….30 – [22] FIN 1.05(1.55) 908
    31 – [43] OMN 1.05(1.08) 1942…………….32 – [121] VNZL 1.07(0.94) 2,082
    33 – [34] TWN 1.08(0.78) 12……………..34 – [15] NL 1.15(1.43) 17,104
    35 – [34] BRB 1.15(1.10) 44……………..36 – [84] JRD 1.23(1.10) 8,707
    37 – [72] VTN 1.22(2.26) 35……………..38 – [2] MNCO 1.31(1.28) 32
    39 – [13] MLT 1.37(1.35) 413……………..40 – [73] ARUB 0.93(0.91) 98

    CONCLUSIONS: Best nations to end this failing war

    1) ISLANDS like CAY, BHRN, CYPR, SYCL, SLNK,
    SnMRT, ARUB, CRC, MNCO, BRB, MLT, Canaries.
    2) ATOLLS like BORA-BORA, MLDV, BETWEEN NZ-PHL.
    3) Center-Near-Sea, like SNGP, TLND, UAE, ERT, SRB,
    ISR, VTN, NRW, FIN, DNM, NL.
    4) Landlocked with tight borders, like ANDR, BHT, MNGL, USB.
    5) DIET, CULTURE, VIRUS CONTROL ABILITY, via LIST # of 80.

    41 – [128] INDIA 1.12(1.37) 203,991…….42 – [11] SWD 1.46(2.04) 14,000
    43 – [3] SWS 1.62(1.80) 10,615………44 – [24] AST 1.65(1.76) 10,152 .
    45 – [118] PHL 1.67(2.11) 17,031……..46 – [76] SAR 1.67(1.72) 6,922
    47 – [160] KNY 1.68(1.74) 2,643………48 – [2] JPN 1.75(1.93) 10,004.
    49 – [57] MRCO 1.77(1.74) 8,999………50 – [35] U.S. 1.78(1.69) 586,650 **
    51 – [1] HK 1.78(?) . 209………52 – [49] ALB 1.82(1.71) 2,379
    53 – [12] FR 1.88(2.40) 103,256………54 – [14] CND 2.02(2.51) 24,065
    55 – [20] PRTG 2.03(1.70) 16,970………56 – [108] UKR 2.11(1.83) 42,950
    57 – [6] SP 2.23(2.07) 77,738………58 – [103] RUS 2.28(2.11) 108,980
    59 – [23] BLG 2.47 (3.03) 24,065………60 – [25] GRM 2.49(2.59) 82,551
    61 – [48] CLMB 2.58(2.59) 71,799………62 – [66] BRZL 2.73(2.44) 392,204
    63 – [25] UK 2.89(2.83) 127,451………64 – [15] GRC 3.01(3.60) 10,179
    65 – [5] ITL 3.01(3.47) 119,912………66 – [98] ELSV 3.06(3.08) 2,093
    67 – [7] AU 3.06(3.19) 910………68 – [86] GTML 3.38(3.54) 7,428
    69 – [58] PRU 3.38(3.42) 60,013………70 – [59] TUNS 3.43(3.48) 10,170
    71 – [153] SAF 3.43(3.39) 54,186………72 – [54] HUNG 3.49(3.40) 26,984
    73 – [?] BLGR 4.03(?) 16,101……….74 – [117] BLV 4.30(4.56) 12,861
    75 – [51] EQD 4.88(5.26) 18,300……..76 – [54] CN 5.12(5.18) 4,636
    77 – [109] SYR 6.95(6.68) 1,548……..78 – [146] SDN 7.12(6.75) 2,340
    79 – [75] MXC 9.23(8.51) 215,113…….. 80 – [144] YMN 19.40(29.0) 1,120

    IMPACT: – Compare TABLE with Nov 2 to Dec 4, 9, 12, 20, 24, 28, 2020 CDR, in %:

    [Germany] 1.97-.61-.67-.68-.77-.83-.84…………….. [NL] 2.11; 1.78-.71-.68-.55-.49-.44
    [Finland] 2.20; 1.54-.51-.51-.49-.54-.54…………….. [U.S.] 2.51; 1.95-.88-.87-.79-.77-.74
    [Brazil] 2.89-.71-.66-.65-.59-.57-.55………………….. [France] 2.69-.40-.44-.44-.47-.47-.45
    [Spain] 2.89-.72-.72-.73-.65-.69-.66………………….. [AU] 3.28-.25-.24-.24-.23-.21-.21
    [Canada] 4.30; 3.15; 2.98-.86-.82-76-.71…………….[UK] 4.51; 3.59-.54-.53-.35-.21-.09
    [Sweden] 4.78; 2.57-.39-.35-.18-.09-.09……………..[China] 5.39-.35-.35-.35-.34-.33-.33
    [Italy] 5.47; 4.35; 3.49;-.51-.59-.54……………………..[Mexico] 9.92-.82-.49-.26; 8.91-.85

    * LOCAL CLIMATES THERMODYNAMICS, LCT, is based on
    Worldwide Acclaimed book COSMOLOGY, PHYSICS and PHILOSOPHY,
    [Amazon], followed by editorials, reviews, comments at U-tube, 'in',
    ~10 M References-Citations by Google.
    ** US # includes low infected islands/atolls between Au & NZ and PHL.

    RULES and CONCLUSIONS OF LOCAL CLIMATES THERMODYNAMICS

    LCT 1. No country, alone, can cause end of this failing war.
    LCT 2. Best way to win this failed war is 40 highest infected nations work with 40 lowest.
    LCT 3. WHO should be all-nations PANDEMIC-CZAR to force end of this failing war.
    LCT 4. Add local sea climates, defined by Conclusions above, to stop millions more to die.
    Click name for free scientific books, editorials, articles, reviews at U-tube.
    Copyrights, etc.: Prof.-Dr. Benjamin Gal-Or and David Galor.//

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