three people out mention trickle-down a
I mean break-in has been dead for a while he has mentioned recently but he
you know he was all about it started it trickle-down economics
but to other people all the pope and the president mentioned her client damage
the president this morning reference trickle-down economics as
being kinda right around that time in the late 70's early 80's
you know when when %uh the
conventional wisdom it wasn't just jimmy carter I mean it was conventional wisdom
it was
congress the sink in class the chattering class conventional wisdom
embraced the idea that maggie thatcher in her Chicago schools
economic some von miss a smaller stuff
but there is something to this you know this the middle class thing I just got
outta control
you look at these miners making money in
mining coal honey com Mon thats dirty work
as people shouldn't be middle-class and so maggie thatcher busted the miners
Union
reagan came in and busted patco and install the first anti-labor
head of the department labor ever in history the Republic anyhow
the pope last week
in his apostolic
exhortation even galley gallium
up the holy father Francis said some people continue to defend trickle-down
theory is 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
and just think for a minute
the pope arguably the most
I was gonna say the most infallible guy in the world but
you know he's in in I'm I'm not Catholic PsycINFO
feel free I suppose to say he's just as fallible as anybody else
but because of his reputation for infallibility
and if he sits in a particular chair and this particular way and speaks I think
ex cathedra sir whatever it's called you know the boys got he actually is
considered infallible
therefore he's got to be really really careful what he says he get back up
right
I mean you know Joe Barton can make some crazy ass
brand about you know the congressman from Texas about how
you know God's up there in the sky taken care of us and don't worry believing
such that no such thing as global warming because the the Lord's gonna and
the world in gonna be us
right but Pope the pope can't do that
he's if if he says something
particularly if he says it in
be official evangelical out EM
the Apostolic exhortation and the holy father Francis to the bishops clergy
consecrated persons lay faithful the population Gasol days with
it special he says in that context you could pretty much take it to the bank
no regardless what you think about religion Catholicism others take this
stuff seriously
teenagers may pay it saying it is the Pope
some people could you defend trickle-down theories which assume the
economic growth increased by free market will inevitably succeed in bringing
about greater justice inclusiveness in the world this opinion
which has never been confirmed by the fax
expresses a crude and naive
ruched in the goodness of those wielding economic power in the sack relies
workings of the prevailing economic system
she then goes on to take apart so here you have the pope
condemning trickle-down economics you have the president condemning trickle
Tripoli
down economics at the same time the Bernie Sanders
who is kinda leading the pole for president right now
it we talked about this yesterday pretty amazing that Bernie Sanders is sitting
in a room
with Paul Ryan trying to work out a budget
where you don't I doubt published
tryna lobby alright
but I don't doubt that the president speech today had something to do with
that conference committee it's gone
and given bernier hey I got your back
this is the Thom Hartmann program and that's pretty impressive
that's pretty impressive I'm I'm becoming more more optimistic
black