Dean Baker Quotes

The kind of plan that Donald [Tramp] has put forth would be trickle-down economics all over again. In fact, it would be the most extreme version, the biggest tax cuts for the top percent of the people in this country than we've ever had.

For those of you who don't understand Reaganomics, it's based on the principle that the rich and the poor will get the same amount of ice. In Reaganomics, however, the poor get all of theirs in winter.

You know and I know and economists know that trickle-down economics doesn't work.

Once you realize that trickle-down economics does not work, you will see the excessive tax cuts for the rick as what they are -- a simple upward redistribution of income, rather than a way to make all of us richer, as we were told.

Nothing beats Reaganomics—though herpes can run it pretty close.

Trickle down economics says that the best way to feed the birds is to give oats to the horse.

I helped Ronald Reagan and Jack Kemp develop supply-side economics.

Republicans seem to be gambling that most Americans won't care about a few rich private equity managers if their own taxes go down, their stock portfolio goes up, and economic growth accelerates.

Trump has been criticized by mainstream Republicans for not really being one of them. But he is definitely one of them when it comes to the central palliative for any ill befalling the country: a tax cut for the rich.

Let's make Jeb Bush explain his plan to give millionaires another massive tax cut.

All Democrats for the last 30 years have tried to stimulate the economy by giving 'tax cuts' to people who don't pay taxes.

Trickle-down economics - it didn't work. The whole idea was supply-side economics: give rich people a lot of money; they'll spend it, it'll go into the economy. Here's what we found out - rich people, really good at keeping all the money. That's how they got rich. If you want it in the economy, give it to the poor people. You know what they're really good at? Spending all their money.

We simply cannot afford to give the reigns of government so someone who will double down on trickle down

I call it [Donald's Trump plan] trumped-up trickle-down, because that's exactly what it would be. That is not how we grow the economy.

Democrats single out glaring examples of tax preferences or spending priorities that favor the wealthy and Republicans cry 'class warfare!'

If giving tax breaks to millionaires created jobs or grew our economy, I would be in favor of them, but they are the same failed policies of the past that just don't work.

Reagan proved deficits don't matter.

If we're not going to tax the rich anymore, we're going to create class warfare.

Sometime, while I wasn't paying attention, trickle-down economics got respectable.

I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it.

The centerpiece of Obamanomics - raising taxes on high earners and investors and lowering them on the middle class - is attacked by free-marketers for penalizing economic success and possibly further stalling economic growth.

Not surprisingly, some of the super-rich declined to join the Patriotic Millionaires when the Agenda Project reached out to them. At least two airily dismissed the Bush tax cuts for millionaires and above - which will cost well over $700 billion over the coming decade - as small potatoes.

I believe that the only people who really, truly benefit from any of the policies of Republicans are the wealthy. I'm in that 1 percent tax bracket, but I'm not a man of wealth.

Not only have [rich] people like me not been asked to sacrifice, but they have had money [tax cuts] thrown at them.

It reflects a reversion to the old idea that the tree can be fertilized at the top instead of at the bottom — the old trickle-down theory.