Remarks
The Best Way to Spur Growth? Help the Poor, Not the Rich
Trickle, shmickle.
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“Trickle-down economics” is a term liberals use when they want to disparage tax cuts for the rich. So on Nov. 9, when Fox News anchor Maria Bartiromo asked Secretary of the Treasury Steven Mnuchin at an Economic Club of New York luncheon, “Do you still believe in trickle-down economics?” the prudent answer was obvious: “Of course not, Maria. That’s not what the Republican tax plan is about at all.”
Instead, Mnuchin said, “Uh, uh, I do.”