�y��vlog

Reagan's budget director, David Stockman, actually spilled the beans to journalist William Greider, telling him, "It's kind of hard to sell 'trickle down, so the supply-side formula was the only way to get a tax policy that was really 'trickle down.' Supply-side is 'trickle-down' theory."

The Ayn Rand winner-take-all ethos and the thoroughly disproved trickle-down theory, which holds that helping those who need no help will somehow lift everyone up, continue to be trotted out in debased, zombified form.

The trickle-down theory, made famous by former President Reagan, focused on cutting taxes and easing regulations.

But that trickle-down theory led to a weaker economic growth, lower wages, bigger deficits, and a widening gap between those at the top and everyone else in nearly a century.

Many of the people who are begging Congress to appropriate money to hunt UFOs apparently subscribe to a trickle-down theory, where they believe that some of that money will end up in their pockets.