Thoughts on Trickle Down Economics

Not sure if I have been lock out of r/Economics (any thoughts are appreciated as to why this might be) but this is a comment I tried to post in response to the following CBS new article regarding ‘trickle down’ economics (article here: https://www.cbsnews.com/news/tax-cuts-rich-50-years-no-trickle-down/)

Trickle down economics was always a lie, it has consistently proved itself to be a reliable economic policy for enabling the wealthy to enrich themselves. Trickle down economics is also the main policy initiative for most conservative governments when justifying cutting taxes to benefit corporate profit margins and it is the principle foundation for justifying weak government regulatory policies allowing the wealthy exclusive access to huge bank loans in order to subsidize corporate tax write offs thereby avoiding paying any or no tax revenue at all. An unregulated free market economy is the embodiment of an economic psychopath willing to beat civilian populations and sovereign nations into submission in the name corporate gain and the wealth distribution that favours a privileged few. When nations or governments push back (ie create more equitable tax structures) the first thing corporations threaten to do is leave and relocate their operations to another region in the global economy that is ripe for exploitation. Unregulated capitalism has brought us here and trickle down economics was the mantra of many modern economists. Trickle down economics is a false model and was always a lie, the data always clearly indicated it does not result in significant wealth redistribution for regional populations, in fact the opposite is true, it consolidates wealth for a select few.