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.

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