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Dick Armey on CNBC

Submitted by In between on Tue, 02/10/2009 - 13:04
in

 Dick Armey was on CNBC today. Joe Kernan asked Dick Armey on the failure of trickle down economics and Dick Armey said the following:

"Trickle down and supply side worked very well until you got to the banking crisis."

I don't know what the banking crisis has to do with a failed policy. Reagan had deficits and Bush 41 raised taxes to fix it. Bush 43 had huge deficits and debt and we saw that 5 years ago. 

(Just keeping them honest)

 

http://www.cnbc.com/id/15840232?video=1028790361&play=1

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