Ricki Yasha TarrTrickle-Down Economics isn't a failed experiment, it worked exactly the way the people that instituted it wanted it to.
Simoto đ´ââ ď¸@RickiTarr Exactly! And not only this, but the whole western economy continues to work wonders for them.
@simoto Until it won't anymore, we are coming up to a tipping point, because rich people are nearly always short term thinkers
@RickiTarr oh they'll come up with something else, e.g. another war, another crisis, they'll then blame another scapegoat. e.g immigrants, and finally the people of the working class will again vote for the wrong people. Ahhh the vicious cycle goes on and on and on and on.... 
@simoto Sigh doesn't it just, but I'll keep trying anyway
Staid WinnowI think the gambling, quick-buck artists are. Most billionaires though, plan out their futures well, and especially our futures well in advance.
As an example, most of us are ridiculing Musk for his shortsighted overhaul of Twitter. In reality, he is only consolidating a premier propaganda platform for autocrats.
@staidwinnow @simoto Possibly, but I mean in a historical sense, eventually the scales get tipped and they get pushed out, usually murdered, for a new regime. In a more common sense, laying off people to make a short term bottom line, but then having to rehire and retrain, which is much more costly long term. I don't think the wealthy are that intelligent, just insulated.
J$@RickiTarr squeeze up economics?
Dan Appalachia@RickiTarr
Yes this. So much of what we see in the world that we'd classify as totally fuqd up is actually the result of right wing social engineering...guns for example.
Yes this. So much of what we see in the world that we'd classify as totally fuqd up is actually the result of right wing social engineering...guns for example.
WagesOf@ddbuskirk @RickiTarr I find it helpful to call them the oligarchy, they leverage conservative fear but don't actually allow many conservative goals to be achieved.
@RickiTarr horse and sparrow has been pushed so hard that the horse should explode.
Can O' Bitch@RickiTarr I prefer tickle-down economics
Bindestrich
Max Leibman has moved!@RickiTarr Exactly right. The end goal isnât general prosperity. Our prosperity, to the extent we have any, is viewed by Capital as a side-effect at best, and waste at worst. The âtrickleâ is what they view as the necessary minimum to keep the machine running.
@maxleibman And still they get too greedy! So many violent revolutions could have been staved off if they just gave a little more and took a little less, and yet...
MrC@RickiTarr I've often had discussions that the reason why the system worked so long before "comfortable" people (like me, I shamefully admit) took notice was they stopped the trickle down entirely.
Sadly, people are willing to let others suffer (or blame them for their situation) if they are comfortable.
Once the uber rich stopped letting the "just not poor" have crumbs, they realized they had more in common with the poor than they thought.
Sadly, people are willing to let others suffer (or blame them for their situation) if they are comfortable.
Once the uber rich stopped letting the "just not poor" have crumbs, they realized they had more in common with the poor than they thought.
@ScotttSee I was raised well below the poverty line, now I'm lower middle class, but I've never lost the awareness of how many missing paychecks we are from homelessness. No one should have that level of stress in their lives.
Ben@RickiTarr like a lot of other political shenanigans, it was an excuse for wealthy people to do whatever they wanted to while at the same time not cause an outright revolt.
@wolleysegap The greatest trick the devil ever played was convincing us it was for our own good
That_Damn_Frank... and that the furry orange thing on top of his head wasn't a head-crab...
Aviva Gary
Shadow Heart@RickiTarr the first five letters say it all.
Dennis@RickiTarr
Trickledowneconomics
Trickledowneconomic
Trickledowneconomi
Trickledowneconom
Trickledownecono
Trickledowneco
Trickledownec
Trickledowne
Trickledown
Trickledow
Trickle
Trickl
Trick.
Trickledowneconomics
Trickledowneconomic
Trickledowneconomi
Trickledowneconom
Trickledownecono
Trickledowneco
Trickledownec
Trickledowne
Trickledown
Trickledow
Trickle
Trickl
Trick.
@lurkvastly That deserves it's own post, clever!
@RickiTarr yeah I stole it, but whenever I see someone talking about the trickle down effect, I add this.
enmodo âď¸ đ§Ź đşđŚ đ@lurkvastly @RickiTarr I once read that the key thing to know about "Trickledown Economics" is there are no books about it and it is not taught in economics classes. That's for the same reason there are no astronomy books about the moon being made of cheese. Neither is a real thing.
Urzl@enmodo @lurkvastly @RickiTarr The Laffer Curve, if it's even a real thing, has two sides.
On the right, lowering taxes increases general prosperity.
On the left, lowering taxes decreases general prosperity.
We've *never* seen any proof we were ever in the right side of the curve. Every tax cut corresponded with a lowering of general welfare and tax revenue. Even their own theory says we need to raise taxes.
Jamie Mason
đżđśđđś 
@RickiTarr this is worth examining in detail. "Trickle Down Economics" was always designed to move vast quantities of wealth from the younger, usually poorer class to the older, property-owning, usually wealthier class. It wasn't a single law, either. It was an entire ecosystem of laws. A defining ideology for an entire generation, with the goal of the deliberate redistribution of wealth to benefit them at the cost of us.
Its entire philosophy can be summed up in its mission statement. "Give the wealthy more money, and that will (might, but actually won't) allow a tiny trickle of that vast wealth to reach the poor."
It absolutely floors me when people claim that TDE "failed". No. It succeeded. It was always designed to do this. And it did it efficiently, and even provided an in-system justification for its own cruel purpose.
@LadyDragonfly Beautifully put, as always!
@LadyDragonfly @RickiTarr *stands and claps in the background*
Christopher Walker@RickiTarr exactly. Itâs not a failed policy, itâs a successful con job.
Mike@RickiTarr Give us all the money, take whatever drips on your head in the Canal Street subway station, there's plenty for everyone
Dibley@RickiTarr I guess it which end of that economic wedge you are on.
hapbt@RickiTarr its more like sponge economics
@hapbt The people at the top suck?
@RickiTarr maybe this is where the expression 'suck up' comes from
Final Call@motherearthI didn't think much about it at the time, busy with children and work.
Struggling to live the dream.
Cynicism is ugly. It feeds itself. We let them have their way.
Your words put it succinctly.
Kevin RussellThree BIG Things Biden Did To Kill Trickle Down.
Taxed the untaxed corporations a minimum tax that couldn't be off-shored or loop-holed. Producing almost a trillion dollars of fairness.
Put most of that into making lives less expensive.
Raised employment levels to highest in US history, while taxing the rich and spending. đ That's a Knife to the Heart of trickle down.
He made it so if companies hire a union buster to prevent unionization, the Union is AUTOMATICALLY recognized.
@kevinrns Thanks! I think people ignore the things he has done, because he wasn't exactly what they wanted.
Russia, trickle down, taxing rich corporations, resisting fascism, arming democracies, lowering home costs, high employment, rising unionization, lowering deficit, fighting even the Supreme Court to cut student loans, historic infrastructure repair in 50 states we've been waiting decades for. women's right to autonomy.
Surprisingly competent and progressive, President Biden has EARNED our support.
And on "somebody else" -
"Bernie Sanders endorses President Joe Biden for 2024"
MARGARET D@kevinrns @RickiTarr agreed. These are huge. Also think the push to eliminate non-compete restrictions on workers who want to change jobs is going to cause wages to rise significantly
PÄteris KriĹĄjÄnis@RickiTarr it is not even experiment, it is just plain lies that worked. To be honest, people telling those lies have gotten really good at it.
Looking for explanationsâŚ@RickiTarr I disagree. Sufficient trickle down is required to placate & encourage the aspirational classes, by providing for their basic needs, rewarding the hardest workers with modest gains & allowing a select few to realise their goals. The system is no longer doing that. It is unsustainable (in every way), & will therefore eventually fail to meet the goals of its most privileged beneficiaries. Whether economic system failure will predate climate change induced ecosystem collapse is yet to be seen.
@Susan60 When I say that I mean the 1%, and it is a terrible short sighted plan, but they got rich af off of it
@RickiTarr yes, but that wealth wonât save them from consequences when the system breaks down. (Me being pedantic about big picture & long term consequences. Weâre both on the same page.)
BeBo@RickiTarr It was simply a typo: it was meant to be called âtrickle-freeâ economics, and it certainly fulfilled that description!!
beforewisdom 
I haven't been a fan of his for a long time, but I think Bill Maher hit the nail on the head calling it a "zombie lie". A lie that has been proven false repeatedly and thoroughly, but there are people who still believe it.
I am Jack's Lost 404At least they tried to manage our expectations with "trickle"; that part is accurate at least.
But we've all learned the dominant term in the equation is "shit rolls downhill"
(I still remember being taught trickle down in like very early elementary school, like 2nd grade... they get ya early here...)
Lance Taylor #VA6LAT@RickiTarr Voodoo Economics #Merica
Voodoo Economics
Rose Nicolle đ (She/her)@RickiTarr trickle down reaganomics, when reagan piddled a little down his leg and thought "hmm that gives me an idea for a new economic theory"
baerjo@RickiTarr I'm going to grab a line from the communist/socialist side of the aisle. It's not that it doesn't work, it's that it has been absolutely taken advantage of and abused by the elites.
@baerjo Which literally always happens
Sue Strong@RickiTarr Couple pics I saved which gives a quick visual of trickle down economics. I prefer a more equitable system as this is evil.
Weasel@strong_sue @RickiTarr
@FrankFrank
In debt now the commoners drown
With oligarchs wearing the crown
They don't pay their dues
Shrugging "You snooze, you lose!"
And we know only shit trickles down
@RickiTarr The people who voted for it however thought differently and I think they need the point hammered home.
"We did it your way and basically everything you hate about the world now is a result of it. Time to switch it up..."
the_blackwell_ninja [EST]@RickiTarr It was always nothing more than a scam to further enrich their already rich donors.