Quote:
Originally Posted by Nebe
She meant that trickle down economics is flawed.
Posted from my iPhone/Mobile device
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Trickle down economics, or "trickle down theory," is a pejorative expression. So it is by its very hostile and contemptuous nature a very flawed expression. It is the use of the expression that is flawed, more than whatever policy it wishes to disparage.
Thomas Sowell has pointed out that there is no "trickle down theory" of economics.
http://www.tsowell.com/images/Hoover%20Proof.pdf.
So when a pol uses the expression to debunk an opponent, beware of her flawed rhetoric.
On the other hand, is being flawed a reason to discard. Then, should we discard the human race? Or to abandon existence? As such, would having flaws be a reason to commit suicide?
Those who demand perfection in human or political relations will have neither. But striving for the better or best in those relations will achieve the most satisfying ones.
We have a history of various economic policies which may help to decide what is better. An honest look, rather than a distorted one, would help us to make better choices.