Horse and Sparrow Theory
It’s hard to figure out where Grandpa stands politically these days. He sends me 90 e-mails a week about Obama being a Muslim, which makes him socially conservative, but he also sends critiques of neoliberal economics, which makes him fiscally liberal.
In today’s email he cites a wikipedia article that says an 1890s version of trickle-down economics was called horse and sparrow theory… because “If you feed the horse enough oats, some will pass through to the road for the sparrows.”
Equating Reaganomics to eating the 1%’s shit is a salient narrative for describing this economic policy.
9 months ago • 2 notes
