Tuesday, January 7, 2014
The Freedom-Haters made up the term "trickle-down economics"
Thomas Sowell says that when you hear totalitarian Leninists like the Most Equal Comrade or Bill DeBlasio try to justify the punishment of achievement by using the term "trickle down," remember that it appears nowhere in any actual economist's writing.
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I understood that trickle down was supply side economics which you can find in any economics text. Just another cute phrase for the masses to mess with.
ReplyDeleteExcept it's not an accurate depiction of how the free market fosters overall societal prosperity.
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