"Now, I don't have all the answers, but I do know the old ways don't work. Trickledown economics has sure failed. And big bureaucracies, both private and public, they've failed too. That's why we need a new approach to government, a government that offers more empowerment and less entitlement. More choices for young people in the schools they attend- in the public schools they attend. And more choices for the elderly and for people with disabilities and the long-term care they receive. A government that is leaner, not meaner; a government that expands opportunity, not bureaucracy; a government that understands that jobs must come from growth in a vibrant and vital system of free enterprise."
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Bill Clinton, "Address Accepting the Presidential Nomination at the Democratic National Convention in New York," July 16, 1992. Online by Gerhard Peters and John T. Woolley, The American Presidency Project.
https://en.wikiquote.org/wiki/Trickle-down_economics
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Trickle-down economics
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