Welcome to Buster's Blog

Irregular commentary on whatever's on my mind -- politics, sports, current events, and life in general. After twenty years of writing business and community newsletters, fifteen years of fantasy baseball newsletters, and two years of email "columns", this is, I suppose, the inevitable result: the awful conceit that someone might actually care to read what I have to say. Posts may be added often, rarely, or never again. As always, my mood and motivation are unpredictable.

Buster Gammons















Tuesday, February 23, 2010

Trickle-down Economy (2008)


(From the buster Gammons column of 9/19/08)

Stock market volatility, the housing mess, the credit crisis, bailouts of Fannie, Freddie, AIG, and now probably a huge federal lifeline thrown to banks and brokers. The cherished principles of Reaganomics – government is the problem, all taxes are bad, all deregulation is good, trickle-down prosperity – are at last revealed to be a house of cards. The only thing trickling down is some fat cat above you pissing on your Wheaties!
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