"Now, anybody who thinks that we can move this economy forward with just a few folks at the top doing well, hoping that it's going to trickle down to working people who are running faster and faster just to keep up, you'll never see it"
- Barack Obama
About this Quote
This quote by Barack Obama is a criticism of the trickle-down economics approach to economic development. He is stating that depending on the wealthy to drive economic growth is inadequate, and that it is required to focus on the working individuals who are struggling to maintain. He is recommending that the only way to move the economy forward is to concentrate on the working individuals and guarantee that they have the ability to gain from economic growth. He is highlighting the importance of purchasing the working class, as they are the ones who will be able to drive financial development and create a more equitable society. He is likewise suggesting that trickle-down economics is insufficient to produce a strong and vibrant economy, and that it is required to concentrate on the working individuals in order to produce a more fair and flourishing society.
This quote is written / told by Barack Obama somewhere between August 4, 1961 and today. He was a famous President from USA.
The author also have 123 other quotes.