Canard:    If you cut taxes on the rich, they will increase their investment in corporations, and if you reduce taxes on corporations, this double-barreled infusion of money will give the corporations the necessary funds to invest in new products, and this, in turn, creates more jobs.

Truth:    When corporations have more funds, within recent decades, they use these funds to develop programming and equipment in order to automate assembly lines and routine work, enabling them to reduce the number of workers.

Rather than creating jobs, reduction of taxes on the wealthy and the corporations enables them to trim down their payrolls. This, plus "outsourcing," to countries where labor is cheap, is the current business model.

Don Firth

P. S. "Trickle down" is simple enough to understand. It means someone is peeing on your head.