Wednesday, November 27, 2013

Never Been Confirmed by the Facts: Piling on the Trickle Downers

From the Economic Populist
Guess who said this:
Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world. 
This opinion, which has never been confirmed by the facts, expresses a crude and naive trust in the goodness of those wielding economic power and in the sacra­lized workings of the prevailing economic system. 
Meanwhile, the excluded are still waiting.

Nope, not me. Not Paul Krugman. Not Jared Bernstein. Not Dean Baker.

It's Pope Francis.

Now, if the Pope can see through the right wing bullshit and say something publicly against it, I think he might want to start riding around in that bullet proof Popemobile.