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James Talarico: “When you give rich people money, they save it. When you give…”

Featuring: James Talarico, Democratic | Texas House of Representatives, District 50

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A New American Dream: James Talarico's Full Policy Address

Published | Video Starts at 22:08

In 1914, in 1914, when a reporter asked Henry Ford, a titan of industry, why he doubled the daily wage for all of his workers, legend says he gave them a simple answer. So they can afford to buy my cars. When you give. When you give rich people money, they save it. When you give working people money, we spend it. We stimulate the economy. Despite what that false gospel of trickle down economic tells us, pro people policy is pro growth policy. It is not an either or choice. (22:08–22:14)

CLAIM

Asserts that working people are more likely to spend money, stimulating the economy.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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