Wednesday, July 19, 2006


Characterising the trickle-down economics of the Reagan-Bush era as advocating feeding the horse more oats because some would pass through to the road for the sparrows.
-JK Galbrath
I used this quote in a recent paper I wrote on Australia's International Aid policy with a focus on PNG. Trickle down economics doesn't work. never has. never will. It is almost lnfantile that such an ideology forms the basis of many of the Liberal party politics.

No comments: