That chart defines poverty as living with either $1-$2 per day. Is this the new standard for poverty...sounds like this figure came straight out of an Orwell novel or something.
And there is no evidence that wealth actually trickles down. In fact, everything has shown that "trickle-up" is what happens in reality. Look at You even agreed with me in your first sentence...right? These people are for the most part not reinvesting in the welfare or actual prosperity for the masses.
Look at the largest corporations and how they pay the majority of their workers, both in the USA and oversees.
I'm fine with "free-market" whatever, but what you described doesn't actually happen in reality. It's a nice dream and vision to be fed, but guess who are the ones feeding it to us...that's right, the elites who are laughing their way to the bank with all of our money and paying shit wages to the majority of workers.
It's crazy how they convince people that their are public benefactors. Trickle down economics has been proven to be bullshit over and over again...
RE: Trickle Up Economics