Birdwatch Archive

Birdwatch Note

2023-07-17 20:17:36 UTC - MISINFORMED_OR_POTENTIALLY_MISLEADING

For starters "Trickle Down" economics doesn't exist and is misleading to repeat that over and over: https://www.forbes.com/sites/thomasdelbeccaro/2018/01/04/trickle-down-economics-does-not-exist-the-benefits-of-capitalism-do/ https://www.spectator.co.uk/article/why-attack-trickle-down-economics-it-doesn-t-exist-and-never-has-done/ What is known to produce positive economic results is Supply-side Economics: https://www.investopedia.com/terms/s/supply-sidetheory.asp#:~:text=The%20supply%2Dside%20theory%2C%20or,tax%20cuts%20and%20reduced%20regulation. And what the government tweet refers to as R&D is actually applied research: https://www.science.org/content/article/applied-research-gets-starring-role-biden-s-2022-budget

Written by 9E38E570344B672BD8CF681B7717D26FD9A7E3BADE34B9DEB556830CEFDD3B92
Participant Details

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• summary
• For starters "Trickle Down" economics doesn't exist and is misleading to repeat that over and over: https://www.forbes.com/sites/thomasdelbeccaro/2018/01/04/trickle-down-economics-does-not-exist-the-benefits-of-capitalism-do/ https://www.spectator.co.uk/article/why-attack-trickle-down-economics-it-doesn-t-exist-and-never-has-done/ What is known to produce positive economic results is Supply-side Economics: https://www.investopedia.com/terms/s/supply-sidetheory.asp#:~:text=The%20supply%2Dside%20theory%2C%20or,tax%20cuts%20and%20reduced%20regulation. And what the government tweet refers to as R&D is actually applied research: https://www.science.org/content/article/applied-research-gets-starring-role-biden-s-2022-budget