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(145,291 posts)starroute
(12,977 posts)When I was a little girl, my mother told me about how during the Great Depression there had been an argument between trickle down and prime the pump theories and trickle down had been thoroughly discredited.
I was astonished when trickle down came back round, even being called by that name. I kept expecting somebody to jump up and say, "Hey, wait a minute. Don't you guys remember that you were already a laughing stock fifty years ago?" I still don't know why that never happened.
pampango
(24,692 posts)worked nor will work. It is a shame that we apparently do not learn from history.
Wounded Bear
(58,662 posts)The rich are getting richer, and that's what "Trickle Down" is designed to do.
The rest of us are encouraged to develop our own theory. Just don't let it interfere with the current one.
kentuck
(111,098 posts)Thx.
GoneFishin
(5,217 posts)from society. Any excuse will do. Trickle down is the bullshit theory they came up with, and they're rolling with it.
MisterP
(23,730 posts)the donors wanted the economy back in their hands, Pinonomics would give them just that
http://www.theatlantic.com/magazine/archive/1981/12/the-education-of-david-stockman/305760/
ruffburr
(1,190 posts)Trickel Down Theroy, It is a Piss On fact, Unfortunetly
The logical men say, "why did you have children you couldn't support?"
Octafish
(55,745 posts)Trickle Down's got a new name: TPP - Trans Pacific Partnership.
moondust
(19,988 posts)Last edited Mon Nov 9, 2015, 04:24 PM - Edit history (1)
Basically the Reagan plan that became the guiding "philosophy" of the GOP and seduced some spineless Dems into DLC/Third Way "compromise."
"Capitalism is the astounding belief that the most wickedest of men will do the most wickedest of things for the greatest good of everyone." - probably J.M. Keynes