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Sunday, June 28, 2020

A PROPOS DK CURRENT POST

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Trickle-down economics, Wikipedia

"...All this shows, I think, that we have, in a very real sense, a trickle-down economy.  We need a well-off class of people (and corporations) to finance the restaurants, travel, and so on that keep so many people employed. When the better-off cut back, others suffer...." DK

This election was lost four and six years ago, not this year. They [Republicans] didn’t start thinking of the old common fellow till just as they started out on the election tour. The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover was an engineer. He knew that water trickles down. Put it uphill and let it go and it will reach the driest little spot. But he didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow's hands. They saved the big banks, but the little ones went up the flue. Will Rogers

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