Dec 062011

This just in from the OECD, what should have been obvious to anyone paying attention since about 1983:  OECD calls time on trickle down theory (from the Globe & Mail).  The OECD woke up and realized that widening income disparities might actually put the lie to the theory that a “rising tide raises all boats” at least as far as economics goes.  Should take only about 2 more generations for the political applications of this theory to finally be bankrupt as well.

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