Martin Luther King, Jr.
“The problem is that we all too often have socialism for the rich and rugged free enterprise capitalism for the poor.”
—Martin Luther King, Jr.
“The problem is that we all too often have socialism for the rich and rugged free enterprise capitalism for the poor.”
—Martin Luther King, Jr.
"Ronald Reagan's theory was really 'trickle down' economics...and renamed 'supply side.' Cut tax rates for the wealthy; everyone else will benefit. As Reagan's budget director David Stockman confided at the time, the supply-side rhetoric 'was always a Trojan horse to bring down the top rate.'" —The Gipper's Economy. To see how the Trickle Down Con was sold to the public click here.