Podcast
The Dan Bongino Show
Thomas Sowell's work was referenced as debunking the myth of trickle-down economics, highlighting the absence of any such theory in established economic literature. His arguments were presented as evidence against the concept's validity.
Trickle. Where does this phrase trickle down come from? Oh, I don't know. It was as far back as the first as the Roosevelt administration. Uh, there is absolute. It is an incredible thing. It's there...
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Thomas Sowell's work was referenced as debunking the myth of trickle-down economics, highlighting the absence of any such theory in established economic literature. His arguments were presented as evidence against the concept's validity.
Trickle. Where does this phrase trickle down come from? Oh, I don't know. It was as far back as the first as the Roosevelt administration. Uh, there is absolute. It is an incredible thing. It's there is a non-existent theory that is constantly being attacked.
some years ago in my newspaper column, I challenged anybody to cite any economist outside of an insane asylum who had ever made that argument. Nobody ever ever came up with a single person.
So when Barack Obama says in this past July, quote, we were told that prosperity would told him. Nobody told him. Nobody told. An economist has ever held that. No politician has ever said it. I don't know of anybody who's ever said it.
In fact, when I put this out and I went out nationally in the Cated column, various people wrote me and I said, well, so-and-so said it, so-and-so said it. But find me the person who said it. I don't want to hear how you A said that B said, find me B and show me where he said it.
There's no such theory. It's made up.