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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: combjelly who wrote (366315)	1/10/2008 3:28:23 PM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1572190

CJ, why don't you e-mail Thomas Sowell? capmag.com A year ago this column defied anyone to quote any economist -- in government, academia, or anywhere else outside an insane asylum -- who had ever argued in favor of a "trickle down theory." Many people quoted David Stockman as saying that others had made that argument. But David Stockman was not even among the first thousand people to make that claim. What is crucial is that not one of those who made the claim could provide a single quote from anybody who had advocated a "trickle-down theory." The "trickle down theory" has been a stock phrase on the left for decades and yet not one of those who denounce it can find anybody who advocated it. The tenacity with which they cling to these catchwords shows how desperately they need them, if only to safeguard their vision of the world and of themselves.