As we careen toward the centenary of former President Reagan's birth, we should take a moment to remember one of our 40th President's greatest hits, "trickle-down economics." Rather than trying to explain it myself, I'll defer to noted economist and Reagan advisor Arthur Laffer, as quoted in an upcoming HBO documentary. "Trickle-down economics is if you feed the horse enough oats, the sparrow will survive on the highway."
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