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The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.
Nick Hanauer
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"The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense."
— Nick Hanauer #moneywealth

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The most insidious thing about trickle-down economics is not the claim that if the rich get ri…

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The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense. — Nick Hanauer

About Nick Hanauer

Nick Hanauer was a Businessman from United States (1959–present).

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Frequently Asked Questions

Who said "The most insidious thing about trickle-down economics is not the claim that if…"?
This quote is attributed to Nick Hanauer, a Businessman from United States.
When did Nick Hanauer live?
Nick Hanauer lived from 1959 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.