4 ms·
I liked the older term they used to use for "trickle down". They used to call it "horse and sparrow" economics: https://en.wikipedia.org/wiki/Trickle-down_eco
by Frondo 9y ago
I liked the older term they used to use for "trickle down". They used to call it "horse and sparrow" economics:
https://en.wikipedia.org/wiki/Trickle-down_economics#Criticisms https://en.wikipedia.org/wiki/Trickle-down_economics#Critici...
"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.'"
It feels more honest that way.