Quote by Dave Van Ronk
If there was ever any truth to the trickle-down theory, the only evidence of it I've ever seen was in that period of 1960 to 1965. All of sudden they were handing out major label recording contracts like they were coming in Cracker Jack boxes.
Summary
In this quote, the speaker dismisses the credibility of the trickle-down theory. They suggest that the only time they witnessed any semblance of its supposed benefits was during the years 1960 to 1965, referring to the sudden abundance of major recording contracts being distributed. The quote implies skepticism towards the trickle-down theory, which argues that benefits given to the wealthy will eventually "trickle down" to the less affluent, suggesting that these instances of supposed trickling down may be rare and exceptional rather than a consistent reality.
Topics
Truth
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