In digging around for the previous post, I came across this beaut on Wikipedia (can’t believe I’ve never seen it before), and just can’t resist sharing it:
The economist John Kenneth Galbraith noted that supply side economics was not a new theory. He wrote, “Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy–what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.“[45]
I’ve always said “trickle-down only works with urine and semen,” but I think Galbraith has embraced a superior excretion.