1180
This will never stop being funny
Oh no ... it did work ... it worked spectacularly ... for the top wealthiest people in the world
They figured out that they could cut the amount of taxes they had to pay, collect even more wealth for themselves and convince everyone around them and all the poor people out there like you and me that it was all perfectly acceptable, and sensible and that we should all keep electing government officials to keep that system going while we all paid for it. The wealthiest figured out how they could keep their money and make us all pay for it. And they did it for 50 years. And they're still doing it.
I think it worked fantastic ..... for them.
We just need to be more patient and tax-cut the wealthy even harder. Then it'll properly start to trickle. Just a little longer
I think I can feel it. It's warm. And... smells a bit like asparagus?
I agree ... but the problem is ... it took 50 years for us to get to this point and it will probably take 50 years or longer to get it back to a manageable level again. That is, if we take 50 years of consistently pushing back against the wealthy in the same way that the wealthy have been pressing the poor for the past 50 years.
Lina Khan (in the US) is taking those first steps. Harris better keep her in place.
😲
"Trickle down economics"
They're literally saying, "we're pissing on you."
Saw this earlier today, just saying.
But my Maga coworker just told me she wants to make everything more expensive! Now I don't know who to believe; you both sound equally sensible. /s
Wealth isn't held, or taxed, in income. Taxes on the wealthy are dodged or gamed away. Cut them or raise them, the actual wealth won't be targeted through income.
Looks great but it always comes down to the details. The Trump tax “cuts” were a spiteful attack on high tax, high cost of living “liberal” states by capping the deduction for state and local taxes. Yay double taxation. Yay higher taxes because a different part of government takes more. Yay using government regulation out of spite
Yeah, no shit…
And they used that money as a cudgel to make political bribery perfectly legal in Citizens United, as if it wasn't already rampant. They own this fucking place above board now.
We get a vote on how to, or if we even should address the social issue symptoms of our oligarch class rigging the economic game, ie who to blame or what to spend on the ever dwindling crumbs left for the Commons.
We don't get a vote on the economy itself, that's above our paygrade. From Pelosi to McConnell, "herp derp the free market we're bribed to rig for capital is working just fine... For our portfolios! 🤣"
Yea, it did the exact fuckin opposite. Like we knew it would.
Of course it didn't work, but only because we didn't give it 150 more years! I promise guys, really, just 180 more years and it will slightly trickle down! It's been scientifamicbly proven that in just 230 more years it will absolutely start to work!
-Study paid for by the fuck you I got mine, but I want yours too foundation.
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Reagan pushed Horse and sparrow economics. If you give the horses enough grain, eventually the sparrows will get to eat a little out of their shit.
Yeah, but even "eventually" didn't come.
Well duh, bank accounts aren't horses, you can always just add another 0 without overflow
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I remember Ross Perot talking about the lack of trickle-down back in the 90s, but he was old, had funny big ears, showed a lot of confusing charts and was a billionaire, so why listen to him.
I will never get why it is the most well off of us that they give the tax cuts too. I mean, other than bribery of course. Even if it did work, how long were they supposed to wait? "I know little Timmy needs braces, and you can't afford to feed them them, but just wait a little longer! Musk is almost done with dicking around with the election. I'm sure it'll trickle down then!"
Also: water is wet
I am Jacks complete and utter disbelief. I lead him to depression, and he dies of malnutrition and liver failure.
Every couple years, another study that shows the same thing. The rich got richer and the middle class and poor lost.
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Economics: explaining tomorrow why the predictions of yesterday didn't come true today
Almost like this was the plan all along. The wealthy looking after their own interests to their benefit.
Shit I didn’t need an economist to tell me that.
#1 reason the country is a shit hole.
hear, hear OP. I can attest that dipshit started us on the path to the worst timeline.
This, and other thought provoking commentary in this month's upcoming edition of "DUH!!!".
Quells surprise
this post was submitted on 23 Oct 2024
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