***aw shucks LF***
The "trickle-down" Theory was proported by Ronald Reagan in the 1980s.
Reagan theorized that if you gave lots of financial support to Corporate America--this would boost the Economy because these companies would need to hire more people--THUS helping the Middle Class--because there would be more jobs.
It... did not work.
BTW, Hoover relied upon the advice of Corporate Leaders to get through the Depression. They advised him to do nothing, that "bad times" had a way of "working themselves out".
So while Hoover was President, he did virtualy... nothing.
What was the cause of the Mexican War?
"I say YOU'RE the CUTEST one. No, I say YOU'RE the CUTEST One. And we go on like that from dawn to three."