The Mudcat Café TM
Thread #163684   Message #3908273
Posted By: Iains
27-Feb-18 - 07:51 AM
Thread Name: BS: If Africa had not suffered Colonialism
Subject: RE: BS: If Africa had not suffered Colonialism
"Trickle-down economics, also referred to as trickle-down theory, is an economic theory that advocates reducing taxes on businesses and the wealthy in society as a means to stimulate business investment in the short term and benefit society at large in the long term. It is a form of laissez-faire capitalism in general and more specifically supply-side economics. Whereas general supply-side theory favors lowering taxes overall, trickle-down theory more specifically targets taxes on the upper end of the economic spectrum"

Go to Africa and see firsthand how well this stunning economic theory operates in the real world.

I suppose Rhodesia was much better off once those nasty colonials went home and the megalomaniac Mugabe took over.