DeTocqueville, in one of his brilliant analysis, discusses results of various economic philosophies and the advantages of not having a top-heavy economy. Among the virtues of America is that we have not practiced a policy of favoritism, until “trickle-down”.
“Trickle-down” says free up the “job creators” i.e. the corporate wealthy and they will take care of everyone else. This has not worked according to theory. The wealth has stayed at the top. Plenty of statistics prove that result. Even had “trickle-down” worked as drawn up it would have been wrong and un-American as it would have necessitated tax and other advantages for a select soci-economic grouping.