January 27, 2009, 07:35
shufitzThe "leaky bucket" principle
In yesterday's Wall Street Journal:
In economics textbooks the "leaky bucket" principle holds that when government transfers income or wealth from rich to poor a lot leaks out and is wasted. Some estimates put the leakage at most of what is meant for the poor … . The leaky bucket metaphor was coined years ago by Arthur Okun, a Yale economist who … was a leading architect of the Kennedy tax cuts, passed shortly after the president's death with salutary economic effects.
Would that make it the
old Okun bucket?

January 27, 2009, 17:39
jerry thomas[quote]... Okun bucket .... [/unquote]
That's beyond the pale. Pail?
This is about the poem and the poet.
"How dear to this heart are the scenes of my childhood,
When fond recollection presents them to view!
The orchard, the meadow, the deep-tangled wild-wood,
And every loved spot which my infancy knew!
...And e'en the rude bucket that hung in the well—
The old oaken bucket, the iron-bound bucket,
The moss-covered bucket which hung in the well."
January 27, 2009, 18:30
<Proofreader>There once was a man on Nantucket
Who found him an old oaken bucket
With a hole in the rim
And it occurred to him
He should have been home in Pawtucket.
Thought it would be dirty, didn't you?