"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"

Dave Van Ronk's quote is a commentary on the trickle-down concept, which suggests that financial benefits will eventually reach the lowers ranks if the rich are given tax obligation breaks. Van Ronk suggests that the only time he has actually seen evidence of this theory at work was throughout the period of 1960 to 1965. He suggests that throughout this time around, significant record labels were signing musicians from all profession, despite their economic condition. This recommends that the rich were buying the songs market, which permitted more chances for musicians from all backgrounds. Van Ronk's quote suggests that the trickle-down theory succeeded in this instance, as it enabled more individuals to have access to the music industry. Nonetheless, he also implies that this success was short-lived, as the significant labels were not as happy to sign artists from all histories after this duration.