Pope Francis Slams 'Trickle Down' Economics and Greed at the Top »

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(Franco Origlia/Getty Images) He’s surprised the world with his comments on homosexuality, abortion and birth control, and now Pope Francis has taken on another hot-button political issue: “trickle down” economics. In his first apostolic exhortation, the Pope took issue with so-called “trickle down” economic theories, which in the U.S. are closely associated with President Ronald Reagan’s economic policies. Francis said trickle down policies have not been proven to work and they reflect a “naïve trust in the goodness of those wielding economic power.” “In this context, some people continue to defend trickle-down theories which assume that economic growth, encouraged by a… Source Main page (current trends)

More about: apostolic exhortation, Birth Control, economic theories, political issue, Pope Francis, Pope Francis Slams

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