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Congress MP Shashi Tharoor on Wednesday said the government is spending money at the top level by raising capex every year as it believes in "trickle down economics". Initiating the debate on the interim Budget 2024-25 in the Lok Sabha, Tharoor dubbed NDA as "no data available" to reveal the real situation of poverty and consumption in the country.
there was certainly, in the latino community, we saw unemployment go down. and we side also when you think about wealth, the wealth gap, the economic wealth, they grew with both communities. so look, the president has always, always put equity at the center of every policy has put forward. every legislation that he has put forward. because we understand that many communities have been left behind. have been left behind. we are not trying to do the trickle down economics. we really and truly are not. that's not what the president believes in. he wants to make sure that the middle class, we're building the economy bottom-up and that we continue to build the middle class. that is what it's continued to be important, and world will not leave anyone behind. we will continue to have those conversations to let that strong coalition know what we have done in the last two, almost three years now with this administration. and again, what this president has been steadfast on. making sure that we give that relief to the american people. >> so, karine, with all that said.
ah, these bills are crazy. she has no idea she's sitting on a goldmine. well she doesn't know that if she owns a life insurance policy of $100,000 or more she can sell all or part of it to coventry for cash. even a term policy. even a term policy? even a term policy! find out if you're sitting on a goldmine. call coventry direct today at the number on your screen, or visit coventrydirect.com. >> fundamental break from trickle-down economics. >> what joe biden and kamala harris have done on the economy bringing the economy back from the brink of destruction. >> 14 million jobs created, unemployment under 4% in 22 months, you see gas prices going down, under three bucks in 28 states. those things matter. >> sandra: all right, well those
when the president walked in, unemployment was 9.2%. now, it is under 6%. that is because of bidenomics, as we started this conversation. very similarly, in the latino community, we saw unemployment go down. we saw, also, when you think about wealth, the wealth gap, the economic wealth, that grew with both communities. look, the president has always, always put equity at the center of every policy he's put forward, every legislation. we understand that many communities have been left behind, have been left behind. we're not trying to do the trickle down economics. we truly are not. that's not what the president believes in. he wants to make sure the middle class, we build an economy bottom-up, and we continue to build the middle class. that's what's really important. and we do not believe anybody behind. we'll continue to have those conversations, to let that strong coalition know what we have done in the last almost three years now of this administration. again, what this president has
The Republican Party has long faced a simple yet vexing mathematical problem. While there are benefits that come with being the party that represents the interests of large corporations and the wealthy, executives and rich people won't give you enough votes to win a majority come election day. So one of the ways the GOP…
trickle-down economics, garrett. listen. >> and you remember years ago how they would debate and talk about oh, trickle-down economics, that will work for working people because you see, the benevolence of the wealthy will trickle down on the rest of us. that's where that trickle-down economics theory came from, right? that was what that was about. well, there was no trickling. it didn't happen. >> sandra: and now they are trying to push their, i don't know, i think larry kudlow says the bottom up, the side out, i don't know what exactly they are trying to push now, but is it working, garrett? >> no, i mean, bidenomics is clearly broken and joe biden is in a very disastrous situation with his approval rating, his handling of the economy here. it's smart to go to arizona, it's going to be a very, very, very big battleground state in 2024. voters are not buying what he's selling.
If you knew absolutely nothing about American politics and tuned into the Republican presidential debate Wednesday night, you would have come away convinced that the GOP is the party of the little guy, the party that wants to advocate for low-wage workers, middle-class families, and those who are struggling. And the wealthy? Screw those guys…
>> dana: how do you think this bidenomics push is going? >> i think it's very telling. a year ago joe biden was calling himself the deficit cutter, the deficit slasher. this year it's 2 1/2 times the deficit it was a year ago. so much on performance. they say bringing down inflation, twice what it was when he came into office. those prices are not coming down. just the rate of increase is coming down. people, credit card debt, where is that? record high. business investment not what it should be. head winds overseas, you look at all that. i'm amazed he would go out there and boast the economy is doing well. what kind of world do he think he is living in? >> he likes trickle down economics and he was talking about his dad yesterday. then he said this in the sound bite we played there to what everyone from financial times, "wall street journal" has become my change, my different philosophy day i don't think they started off trying to be complimentary because -- it went on and on and it was -- i think