• TenderfootGungi@lemmy.world
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    10 months ago

    Trickle down is a political term. Economists know that wealth trickles up. It is only moved back down with taxes. Non-economists have a saying for this, “the rich get richer”. Economists have a formula for this: r > g

  • son_named_bort@lemmy.world
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    10 months ago

    What are you talking about? As someone in the middle class it’s been nothing but golden showers for me.

  • okamiueru@lemmy.world
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    10 months ago

    Such a bad analogy. Only slightly better if he’d freeze most of it, and sell a tiny part at an inflated prize due to the scarcity.

    • Carvex@lemmy.world
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      10 months ago

      He also owns all of the grocery stores, food distributors, trucking companies, farms, laborers, and politicians to remove safety laws and taxes concerning all of those, for a better analogy.

    • KevonLooney@lemm.ee
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      10 months ago

      Congress, while Obama was President, made the tax cuts for poor and middle class people permanent. The tax cuts for the rich were always permanent.

    • kurwa@lemmy.world
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      10 months ago

      Lmao I bet the billionaires are working so fuckin hard stealing people’s money.

    • misophist@lemmy.world
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      10 months ago

      What, in your mind, does “working hard” look like? Do you think the average lower- and middle-class adult doesn’t already work hard? Especially harder than they did 20, 40, and 60 years ago? Can you name a time when you think people worked harder than they do today to achieve the same level of comfort and happiness? Do you have to go all the way back to pre-agricultural times?

      • KevonLooney@lemm.ee
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        10 months ago

        People in the depression definitely worked harder than people do now. Jobs were like “selling tomatoes from a cart” and “guy who sands the paint off old boxes to sell them as new ones”.

        The 60s and 70s were a time of unprecedented increase in standard of living for many people in the US. You could see the Rolling Stones live for like $5, and pay for a car (in full) with a part time job. We are not going to see that again, so don’t compare life now to that.