Trickle Down Economics

“An economic recovery, like a rising tide, will lift all boats. For many, maybe even most, it will lift by painful inches. Some boats, however, may be lifted faster and higher.”  So spoke President Ronald Reagan during his 1982 State of the Union address.  He promised growth for all, stimulated by tax cuts for the top earning bracket, allowing for money to “trickle” down socio-economic levels … Continue reading Trickle Down Economics

Formula One and Yas Marina – Economic Masterstroke or Sports Washing?

To most, Yas Marina is just another place name; a niche geographical location that is only known by those who study the map of the Earth extensively for their daily dose of trivia.     To the F1 community, however, it represents one of the most controversial race tracks ever to have existed on the formula one calendar. Yas Marina was a project undertaken by the UAE … Continue reading Formula One and Yas Marina – Economic Masterstroke or Sports Washing?