Trickle-Down? Not Quite.

(CBS)
A couple of weeks ago I received an e-mail from a producer in New York who said, “We’d like you to do a story on trickle-down economics.” I was kind of perplexed as to why we would be revisiting Ronald Reagan and the 1980’s.
I was quickly corrected. The story idea was actually about the effect someone at the top of the economic food chain (well-off person) cutting back their spending has on those of us further down (middle class and below).
It’s actually reverse trickle down economics.
So, we set out to find some people affected by someone else’s cutbacks. Believe me, it wasn’t hard.
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