The trickle-down theory of economics has it that it's good for rich people to get even richer because some of their wealth will trickle own, through their no doubt lavish spending, upon those who stand below them on the economic ladder. Notice that the metaphor is not that of a gushing waterfall but of a leaking tap: even the most optimistic endorsers of this concept do not picture very much real flow, as their language reveals" pg. 102.
Margaret AtwoodAbout author
- Author's profession: Novelist, Writer, Poet
- Nationality: canadian
- Born: November 18, 1939
Related Authors
Topics
Quotes currently Trending
When the head of state of family thinks first of gouging out an income, he must perforce do it through small men; and even if they are clever at their job, if one employ such inferior characters in state and family business the tilled fields will go rack swamp and ruin and edged calamities will mount up to the full.... This is the meaning of: A state does not profit by profits - Pound's translation of Confucius
Ezra Pound