Monday, December 22, 2014

Despite All the Evidence that it Doesn't Work, Trickle Down has Survived for a Long Time

There are two ideas of government. There are those who believe that if you just legislate to make the well-to-do prosperous, that their prosperity will leak through on those below. The Democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it.”


-  William Jennings Bryan, “Cross of Gold” speech at the 1896 Democratic National Convention in Chicago

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