Wednesday, July 06, 2011

A final nail in voodoo economics.

The world, it turns out, doesn't work that way.


How the World Works - Salon.com
Ever since Ronald Reagan first attempted to make supply-side economics a reality and proceeded to inaugurate an era of persistent government deficits and growing income inequality, it has become harder and harder to make the trickle-down argument with a straight face. But we've never seen anything quite like the disaster that's playing out right now.

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