Trickle down thoery is just a theory. Where's the hardcore evidence it exist or research on it? Models and theories are water down and simiplified and not always reflective of reality and society.
Trickle down/reaganomics/governatornomics is a catch phrase politicans use for a very simplified model of economics that joe six packs eats it up because he think he benefits by buying stuff and suddenly jobs grow for him and lead to a rainbow road to a strong economy. Economics is much more complicated than that but it's used because a moron like arnold and reagan can use it. Plus the economy was best when the government was fiscally responsible a few years back which also has to do with efficiency.
In theory the trickle start top down. That is why Dubai is a good example of it but it started with a billionaire deciding to be constructive with his money. In a sense it is very pure but there isn't enough middle class or working class to reflect how spending by these two class will lead to future investments.
The rich will always be investing because they have the resources to do so. They are just looking for good opportunities. The middle class invest when they have money.
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