New York’s new mayor, Bill de Blasio, in his inaugural speech, denounced people “on the far right” who “continue to preach the virtue of trickle-down economics," writes Thomas Sowell.
According to de Blasio, “They believe that the way to move forward is to give more to the most fortunate, and that somehow the benefits will work their way down to everyone else.”
If there is ever a contest for the biggest lie in politics, says Sowell, this one should be a top contender.
More Detail here. [BJS]
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