Sunday, December 5, 2010

TRICKLE DOWN: The Myth, Part Ad Nauseum

Warren Buffett speaking to a group of students...Image via Wikipedia...Even now Warren Buffett — not a socialist, by the way — is making the case with a Christie-esque directness that usually eludes the president. “The rich are always going to say that, you know, just give us more money and we’ll all go out and spend more, and then it will trickle down to the rest of you,” he told Christiane Amanpour on “This Week” last Sunday. “But that has not worked the last 10 years, and I hope the American public is catching on."....--Frank Rich's column
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