Las Vegas Sun

August 21, 2018

Currently: 89° — Complete forecast

LETTER TO THE EDITOR:

Trickle-down doesn’t work

A successful, vibrant economy does not “trickle down,” it percolates up. Anyone who studies business management and marketing learned this very early in their education.

Every dollar that enters the local economy creates $5 within a month in the local economy. This money is spent and circulated locally.

The inverse is also true. During the recession, home values plummeted and vacant houses were being squatted in.

If we make it possible for people to earn a living wage, it benefits everyone.