Wednesday, October 01, 2008

Nancy Pelosi favors "trickle down" economics

One interesting revelation of the recent banking crisis is that Nancy Pelosi and most Congressional Democrats favor "trickle down" economics. Ronald Reagan believed that the good fortune of Wall Street "trickled down" to Main Street. Similarly, Nancy Pelosi and most Congressional Democrats warn us that the bad fortune of Wall Street will "trickle down" to Main Street.