Tag Archives: trickle down

Something else to be thankful for

Pope Francis – yesterday:

The pope also denounced “trickle-down” theories of economics promoted by many conservatives and politicians who espouse an unregulated free market.

“In this context, some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and inclusiveness in the world,” he said. “This opinion, which has never been confirmed by the facts, expresses a crude and na├»ve trust in the goodness of those wielding economic power and in the sacralized workings of the prevailing economic system.”

Perhaps the professional Christians in our Congress – and especially in State legislatures – should give a listen. Possible? I’m not placing bets on that, but if Francis keeps it up I could become – whilst still unbelieving – a practicing Catholic again.