11/07/2017: Here we go again with trickle-down economics
Nov 7, 2017

11/07/2017: Here we go again with trickle-down economics

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The theory of trickle-down economics has been used to sell tax cuts for the wealthy in the past. But does it really hold water? And rates of homeownership have been increasing despite rising prices in the real estate market. We look into where this seemingly new money is coming from. Plus, Brexit blues continue with dire financial predictions, Disney's flexing on theaters with tough contract terms and journalists who criticize them, and Ellevest CEO Sallie Krawcheck talks about the Harvey Weinsteins of Wall Street.

Segments From this episode

Brexit: Let's call the whole thing off?

Nov 2, 2017
As economic fears mount, some Brits wonder if the decision to leave the European Union can be reversed.
Protesters demonstrate against the referendum to quit the EU outside the Houses of Parliament on June 28, 2016, in London.
Jeff J Mitchell/Getty Images

Does trickle-down economics make any sense?

Nov 7, 2017
The House version of the tax bill is currently in markup in the House Ways and Means Committee. Senate Majority Leader Mitch McConnell said the Senate could release its version on Friday. And even as we’re getting into the nitty-gritty on this thing – pulling apart provisions one as the time and examining them, the […]

Disney's "Star Wars" terms are a financial burden for small theaters

Nov 7, 2017
Erich Schwartzel wrote about the tough tactics — like requiring 65 percent of ticket sales — for the Wall Street Journal.
 Rian Johnson, director of "Star Wars: The Last Jedi," at Disney's D23 EXPO 2017 in Anaheim, California in July.
Jesse Grant/Getty Images for Disney

The new workplace perk: help with student loans

Nov 8, 2017
More employers offer repayment assistance as millennial workforce grows.
Kevork Djansezian/Getty Images

The theory of trickle-down economics has been used to sell tax cuts for the wealthy in the past. But does it really hold water? And rates of homeownership have been increasing despite rising prices in the real estate market. We look into where this seemingly new money is coming from. Plus, Brexit blues continue with dire financial predictions, Disney’s flexing on theaters with tough contract terms and journalists who criticize them, and Ellevest CEO Sallie Krawcheck talks about the Harvey Weinsteins of Wall Street.

Music from the episode

Just a Cloud Lusine, Vilja Larjosto
Ungodly Fruit Wax Tailor