I've been investigating this a bit and as far as i can tell this is a false narrative benefiting no one but the rich.
Yes I have checked out the pros and cons and frankly I don't buy it.
I'd be interested to hear your opinions,particularly @clousems probably the best qualified to answer this).
All I know is I'm tired of getting trickled down upon.
@Dukedog said in #1:
> I'd be interested to hear your opinions,particularly @closeums,
That's not @clousems! That's clousems's evil twin!
You just awoke him!!
EVERYONE RUN
@Phil224
Good lord. "U" are right!!
Thank you so much ;)
We narrowly avoided apocalypse
And stagflation.
May Saint Jerome smile upon ye :)
im getting the heck outta here before closeums arrives! and i will leave a small fleeting puff of smoke here that indicates how quickly i left
> im getting the heck outta here before closeums arrives! and i will leave a small fleeting puff of smoke here that indicates how quickly i left
should i be worried, i mean, i just got here so i could have a taste of the trickle, did this clousems person drink it all and replace with their urine?
Trickle down isn't a theory -- it's a description.
If we think that it's merely Republicans who trickle, think again.
Some folks, not necessarily Republican, find ways to rain Benjamins upon the convenient few. Sure, I could be wrong. Only experience can enlighten us dependably: so, I seldom try to discourage it.
I like to ponder: who was already rich when they entered politics, and who became so later. It's a fascinating question. One that few bother to ask, let alone answer. Such questions are not fashionable, I guess.
Do we expect politicians to become very wealthy while earning a government salary? Some apparently do, yet seldom do we see any curiosity expressed when that happens. No, most reactions seem fairly quiet and predictable.
For security, I retire to the numbers, and see what they suggest. Is the market up or down? Is inflation up or down? Is unemployment up or down? Is national investment up or down?
I believe I know the answer to these questions: but it's best for others to discover the answers for themselves. Discovering something for ourselves (by actually looking, not just listening to others repeat what they've been told) is both interesting and more convincing.
the rich make it stop trickling down
Trump casually bringing down the economy
How so? What's gotten worse? Are there numbers that make that obvious? I thought the Market and inflation and unemployment were all doing pretty well, lately.
I'll welcome any real look into our current situation. For some of us, it might even provide an epiphany!
When we speak about trickle down economy, we speak about economic inequality. A revealing statistic in the US:
- in 1975, the top %1 of US earners had % 8 of total income
- in 2015, the top %1 of US earners had % 18 of total income
https://en.m.wikipedia.org/wiki/Economic_inequality
And that trend seems to be going on. So the question is: is that a good thing?
My view: no, it's not. Too little economic inequality means no incentives to innovate and start businesses. Too much economic inequality means too much power in a few hands.
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