Singapore adopts the concept of "trickle down economics" which has lead to wide disparity in income distribution. President Obama explains why this type of economics has failed. http://money.cnn.com//2012/04/03/news/economy/obama-ryan-trickle-down/index.htm?section=money_topstories&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+rss%2Fmoney_topstories+%28Top+Stories%29
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