11-12-2008, 02:46 PM
I agree. A very good article, Myra. Thanks for posting that.
One of the catchcrys of the now deceased free market ideology was the trickle down effect. Basically, when the wealthy become wealthier it's real good, because the wealth will trickle down to the rest.
What we're going to see is the trickle down effect in reverse. The wealthy have just become a lot poorer and it's going to trickle down, like dam bursting.
One of the catchcrys of the now deceased free market ideology was the trickle down effect. Basically, when the wealthy become wealthier it's real good, because the wealth will trickle down to the rest.
What we're going to see is the trickle down effect in reverse. The wealthy have just become a lot poorer and it's going to trickle down, like dam bursting.