They had a good laugh over that one.
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The Horse And Sparrow Theory
Economist John Kenneth Galbraith once dubbed trickle-down economics the “horse and sparrow” theory: “If you feed the horse enough oats, some will pass through to the road for the sparrows.”
All Republican politicians and way too many Democrats subscribe to this theory, and have had average Americans living on the horsesh!t the ruling billionaire class sh!ts out since Reagan first sold the average Americans his “Reaganomics, trickle down” snake oil.
Like the good, Reagan-loving sparrows they are, conservatives have enthusiastically lived on the horsesh!t billionaires have trickled down on them since the 1980s. But, the majority have known all along that “Reaganomics, trickle down” is exactly that..., horsesh!t.
As history has shown, repeatedly, any bandwagon the right-wingers leap onto, it’s certain to be a financial disaster for average Americans. And the right-wingers have been riding the “Reaganomics, trickle down” and living vicariously through the prosperity of ruling billionaire class for so long, they are terrified of finding themselves truly prosperous.
There are several reasons our politicians are unwilling to challenge this perception of the right-wingers, which is, sadly, shared by many centrists. One, promoting the “horse and sparrow” theory maintains the ultra-wealthy political contributors’ generosity. Two, many of the so-called “progressives” in Congress are corporate stooges, and regularly stab their constituents in the back, voting with the congressional Republicans to feed the greed of America’s 650 or so billionaires. Three, the honoraria for serving the financial interests of corporate America and those 650 or so billionaires is addictive, and makes the recipients’ ethics increasingly flexible as time and reelections pass.
https://www.theguardian.com/commentisfree/2020/dec/20/joe-biden-trickle-down-economics-build-up
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