Trickle-up economics: When you send people money, they spend it
The bad news: jobless claims were astronomically high this week. The good news: it’s looking like whatever the opposite of trickle down economics is might be the greatest economic policy ever, after emergency stimulus checks caused retail sales to go bonkers.
The Week in Philly from KYW Newsradio
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Show Notes
The bad news: jobless claims were astronomically high this week, coming up on the anniversary of even astronomically higher unemployment. The good news: it’s looking like whatever the opposite of trickle down economics is might be the greatest economic policy ever, after emergency stimulus checks caused retail sales to go bonkers. Time for our weekly look at the American economy with David Fiorenza, Associate Professor of Practice at Villanova School of Business who joins KYW Newsradio In Depth to talk about what happened this week in the economy and what it means for all of us in our daily lives.
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