Let’s Be Honest About U.S. History
It’s fine to be a conservative economist like Thomas Sowell, but it would be even better if he didn’t make gross mistakes like this.
From the mid-1930s through the start of the 1980s, the U.S. public sector, with the help of high tax rates imposed on the very richest of Americans, helped build a well-educated and extremely prosperous middle class. This included not only white guys returning from the war, but also expanding opportunity for women, immigrants and nonwhite workers.
Sadly, this eventually gave way to Ronald Reagan and “trickle-down economics,” but the entire half-century event stands out in world history as a shining example of what government can do to enhance the lives of the better part of an entire population.
Thomas Sowell wouldn’t know “good economics that works” from “economic theory” — if his life depended on it.
But what he does knot is how to “speak ‘trickle-down’ ” — with a flair!!!!.
This is just another case of a “me first” prostitute selling “trickle-down” — making it into something that somebody else wants.
And the prositute doesn’t care if customer catch “trickle-down” — because that is what it is — a myth / “mind- disease” that causes harm to everyone that touches it — except the seller!!