Monday, August 22, 2011

"Trickle Down" Economics ?

The use of the term "trickle down" is another example of the left using their verbal virtuosity to completely misrepresent supply side economics. The money doesn't trickle to the workers, in fact it flows rather quickly. Because business has to pay people first, profits are not realized until later if at all. As usual sowell explains it so well.

http://www.capitalismmagazine.com/economics/1115-the-trickle-down-economics-straw-man.html

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