Honestly, I've looked into none of the figures, but if he's on the money, so to speak, then this is a really solid argument for scrapping trickle down economics (like we really need more). https://youtu.be/BtNbMD96xgY
It's an economic golden shower. Give more to those who already have more than enough and hopefully they'll piss down some of their excess on those in need. Almost everyone wins.
Aaaah, thought so. It's an economic phrase you won't find in any of the theories or varying schools of economic thought, but you will find it in such lauded publications as The Guardian, or The Courier Mail, on Youtube and internet forums etc. http://forums.silverstackers.com/topic-74041-the-dangers-of-folk-economists.html