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The Pope expanded on his critique of "trickle-down" economics, noting that...
"The promise was that when the glass was full,it would overflow,
benefitting the poor.
But what happens instead,
is that when the glass is full,
it magically gets bigger
nothing ever comes out for the poor."
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The Pope expanded on his critique of "trickle-down" economics, noting that... (Original Post)
peoli
Dec 2013
OP
polly7
(20,582 posts)1. Huge K&R .. nt.
madashelltoo
(1,696 posts)2. Amen
tk2kewl
(18,133 posts)3. not only does "nothing ever comes out for the poor"...
but it keeps making more people poor
Response to tk2kewl (Reply #3)
jsr This message was self-deleted by its author.
modrepub
(3,494 posts)5. Correction, it's "Tinkle Down" Economics
not "trickle down" economics. And by tinkle, I mean the nice way of saying pee.
Chan790
(20,176 posts)6. Interestingly...
what we call trickle-down was once known as horse and sparrow economics and caused a massive panic in the 1890s.
Why horse and sparrow? Because if you feed enough oats to the horse, some pass through the horse and make it to the sparrow. I think that presents a much more accurate impression of how the offensively-wealthy view the working-class...they get to gorge on all the wealth and we get to eat what they drop and/or shit.
Enthusiast
(50,983 posts)7. Proven ineffective for over a century.