https://www.cnbc.com/2018/01/04/warren-buffett-on-the-failure-of-trickle-down-economics.html
“Between the first computation in 1982 and today, the wealth of the 400
increased 29-fold — from $93 billion to $2.7 trillion — while many
millions of hardworking citizens remained stuck on an economic
treadmill. During this period, the tsunami of wealth didn’t trickle
down. It surged upward.”
Warren Buffet is a smart man.
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