I don’t think the original quote is what they use. I just found the relatively more glorified version commonly used:
give the tax cuts to the top brackets, the wealthiest individuals and largest enterprises, and let the good effects ‘trickle down’ through the economy to reach everyone else.
That trickle-down economics quote. There’s studies about it [not working] published but it’s just studies.
The original quote is “If you feed enough oats to the horse, some will pass through to feed the sparrows” from Galbraith.
I imagine people are not yet ready to learn this “promise” ain’t holding water.
If my goal is to feed sparrows that’s a very costly and inefficient method. I also end up with an overweight horse.
… and a lot of horse shit.
Checks out with economics results
So we all get to eat shit? Is that the point of the quote?
I don’t understand how that is meant to be supportive of trickle-down economics.
“horse and sparrow” discourse was intended to be a criticism of supply side economics, not supportive of it.
I don’t think the original quote is what they use. I just found the relatively more glorified version commonly used:
apparently also called “supply-side doctrine.”