Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Occupy Underground

alterfurz

(2,576 posts)

6. and Will Rogers et al. before that-?

Reply to TahitiNut (Reply #2)

Sun Apr 22, 2012, 04:25 PM

Apr 2012

http://en.wikipedia.org/wiki/Trickle-down_economics

The economist John Kenneth Galbraith noted that "trickle-down economics" had been tried before in the United States in the 1890s under the name "horse and sparrow theory." He wrote, "Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy—what an older and less elegant generation called the horse-and-sparrow theory: 'If you feed the horse enough oats, some will pass through to the road for the sparrows.'

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

6 replies

= new reply since forum marked as read

Highlight:

The "trickle down" theory [View all] UnrepentantLiberal Apr 2012 OP

Holy Joe said it best back in 2000--before he sold out to the repukes meow2u3 Apr 2012 #1

I believe that was Tom Harkin ... not Joe. TahitiNut Apr 2012 #2

and Will Rogers et al. before that-? alterfurz Apr 2012 #6

The trickle down theory was invented by effete old men with prostrate problems. xtraxritical Apr 2012 #3

"prostate" TahitiNut Apr 2012 #4

George Carlin had a good comment on this also: truedelphi Apr 2012 #5