Is that the end of trickle-down economics?
Liz Truss’ reign at No.10 brought back an old phrase to British Politics; ‘trickle-down’ economics. What is trickle-down economics? Put simply, ‘trickle-down’ economics is the theory that if the richest people in society are given more disposable income and economic freedom, this will inject extra cash into the economy. In turn, this would theoretically ‘Trickle-down’ […]