Opinion

Tickle-down economics – The Economic Times

NC Desk February 1, 2025


An economist, a banker and a factory worker walk into a bar. They each order a beer. The bartender brings the beers and says, ‘That’ll be a total of ₹950.’

The banker pats his pockets, finds no cash, and says, ‘I’ll just put it on my credit card and pay it off later… with another credit card.’ The economist says, ‘Wait! Let’s be efficient. We’ll take out a loan, leverage it into derivatives, and let the market decide who pays!’

The factory worker sighs, pulls out his wallet, and hands over the ₹950.

The banker and economist raise their beers and say, ‘See? Trickle-down economics works!’

Fisc Def Deftly Put


Banker: Do you have any collateral?Man: No.Banker: A steady income?

Man: No.

Banker: Any plan to repay the loan?

Man: Not really.

Banker: Sir, we can’t give you a loan like this!

Man: Why not? The government does it all the time!



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