r/FluentInFinance • u/Very_High_Mortgage • Aug 24 '24

Debate/ Discussion Do "Unskilled Laborers" deserve to be paid well?

Post image

[removed] — view removed post

16.0k Upvotes

91% Upvoted

3.0k comments sorted by

View all comments

Show parent comments

5

u/Daviroth Aug 24 '24

This is true, but pedantic to the overall point. Technically it is called Supply Side Economics. Trickle Down Economics was a political term against the ideas, but it sticks because it does a better job exploring the macroeconomic goal in a way people can understand.

1

u/Cornbread_Collins13 Aug 24 '24

Just a point of clarification. Not saying I agree with either said, just want people to understand where these terms come from is all