I welcome her vote, but this woman is seriously confused. It's one or the other. "Trickle down economics" is a perjorative term used to discredit the very policy she advocates here:
This is the absolutely worst time to raise taxes on anyone: the rich, the middle class, the poor, small businesses and corporations. Our economy is in the tank for many complicated reasons, especially because people don’t have enough money. So let them keep it. Let businesses keep it so they can create jobs and stay here and weather this storm.
"Trickle down economics" is not outdated. It's common sense, which never goes out of date. It absolutely works. I make my living off of it. I am self-employed. I rely on a customer base that is in a higher economic quintile than me, and that's fine. I love what I do. That's why I do it. If my customers get hit with higher taxes, they will have to cut their expenses, and some of that will come out of my business. I like prosperous people! They pay my bills!
Further, they don't just pay my bills. They pay my neighbors' bills, too. And the better off my neighbors are, the better off we all are, because then all the businesses are better off, and so on.
Again, I welcome her vote, and perhaps she's just taking her first baby steps out of the wilderness, but she's fooling herself thinking there is some mysterious third way. You either tax people more or you tax them less. Taxing them more is "progressive", aka socialist, taxing them less is "conservative" aka trickle down, aka freedom. Pick one.
Remember, Wendy and Peggy Noonan are employed because they are good with words, not because of their deep thoughts about the intricacies of the economy or foreign policy. Noonan learned Reagan’s style of speaking, then wrote his thoughts, not her own. Her mistake is that which some actors make: they start believing that their thoughts are as deep as the those of the person they are being paid to portray. (Not that some actors - Reagan, Voight - aren’t exceptional.)