this post was submitted on 29 Jun 2025
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Late Stage Capitalism

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[–] ininewcrow@lemmy.ca 80 points 2 days ago (1 children)

Trickle down economics ... give more money to the ultra rich and eventually some money goes down to the people at the bottom of the economic system

The problem they've discovered after 50 years of this system is that there just isn't enough money in the universe to send to the top and allow enough of it to flow down to the bottom.

A billion dollars only allows a dollar to get to a person living on the street ... so we have to send billions, trillions, gajillions of dollars to the super-ultra-giga rich to get enough money to average people.

This is the problem of trickle down economics .... we just haven't given enough money to the top yet

We have to give the rich more! ... in order to save the poor ... do it for the poor!

[–] agamemnonymous@sh.itjust.works 13 points 2 days ago (2 children)

This is just patently false. I mean,

The problem they've discovered after 50 years of this system is that there just isn't enough money in the universe to send to the top and allow enough of it to flow down to the bottom.

That couldn't be less true. No one "discovered" anything. Economists knew this was true 50 years ago. They knew when trickle-down was being developed. It's actually really obvious, especially if you have any relevant data whatsoever. The ones with scruples pointed it out many times, the ones without hopped on the gravy train.

[–] pelicans_plight@lemmy.world 2 points 15 hours ago

I agree with you, but they knew this more then 50 years ago.

Horse and Sparrow Economics

[–] ininewcrow@lemmy.ca 8 points 1 day ago

They have to pour a steady stream of gold coins to the top of a billionaires penthouse to try to fill it enough so that a few coins can fall out and land on the street below

/s /sarcasm /imbeingsarcastic