this post was submitted on 11 Oct 2023

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What popular quote are you tired of hearing? (self.asklemmy)

submitted 1 year ago by PP_BOY_ to c/asklemmy

280 comments fedilink hide all child comments

Bonus points if it's usually misused/misunderstood by the people who say it

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[–] [email protected] 13 points 1 year ago (2 children)

That trickle-down economics quote. There's studies about it [not working] published but it's just studies.

The original quote is "If you feed enough oats to the horse, some will pass through to feed the sparrows" from Galbraith.

I imagine people are not yet ready to learn this "promise" ain't holding water.

[–] [email protected] 19 points 1 year ago (1 children)

The original quote is "If you feed enough oats to the horse, some will pass through to feed the sparrows" from Galbraith.

If my goal is to feed sparrows that's a very costly and inefficient method. I also end up with an overweight horse.

[–] [email protected] 10 points 1 year ago (1 children)

... and a lot of horse shit.

[–] trolololol 4 points 1 year ago

Checks out with economics results

[–] RGB3x3 12 points 1 year ago (2 children)

So we all get to eat shit? Is that the point of the quote?

I don't understand how that is meant to be supportive of trickle-down economics.

[–] [email protected] 8 points 1 year ago

"horse and sparrow" discourse was intended to be a criticism of supply side economics, not supportive of it.

[–] [email protected] 3 points 1 year ago

I don't think the original quote is what they use. I just found the relatively more glorified version commonly used:

give the tax cuts to the top brackets, the wealthiest individuals and largest enterprises, and let the good effects 'trickle down' through the economy to reach everyone else.

apparently also called "supply-side doctrine."