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They spent those 50 years convincing half the voting population that evidence doesn’t matter, unfortunately.
this post was submitted on 23 Oct 2024
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Good old degradation of public school standards.
Combined with 24 hour propaganda on "news" nwtworks
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(3 replies)
How about we try some trickle up economics for a while? That's where you give money to people who actually need it, and let businesses compete for them as customers, and the revenue will trickle up to successful companies.
Might as well, right?
We did. Brought to you by Roosevelt.
(Offer not available to black people)
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(4 replies)
Yeah, no shit…
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
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Yea, it did the exact fuckin opposite. Like we knew it would.
Economists have written the same article for years.
This is like that Onion school shooting article that just changes the location except they count how many years it's been since Reagan
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(3 replies)
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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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! 🤣"
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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Because the plan all along is generational theft.
It's all the generations getting robbed, it's just that each successive generation gets shafted worse than the one before. Grandma didn't steal your retirement, the oligarchs did.
Almost like this was the plan all along. The wealthy looking after their own interests to their benefit.
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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Is this going to be like UBI studies, where the news pretends every one of hundreds of studies is the one that is breaking this news for the first time? My economics professor was taking the piss out of supply side economics over a decade ago.
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Economics: explaining tomorrow why the predictions of yesterday didn't come true today
It's by design. But in a serious country, serious world, or amongst serious people, we would've been laughing at the "Laffer curve" the moment Laffer ejaculated it into the napkin he first wet dreamed it upon.
But instead because we're both as laughable as the curve itself and because the rich, industrial asshats in this country were foaming at the mouth for a thin, arguably objective, seemingly mathematical piece of horseshit to cover their "steal from the poor and give to the rich" policy preferences, reproductions of Arthur's ejaculate was disseminated like it was the fucking Mona Lisa.
It should never be said that conservatives are conservative in the normal, adjective sense of the word. For the last fifty years, they've been tearing at the fraying seams of society and have been using "trickle down economics" as their seam ripper, while simultaneously blaming anything and everything other than their objectively horrific policies for the havoc wreaked.
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(1 replies)
Indeed, Ronnie was and still is a big POS in my book. The USA should bring the tax brackets from the 1960's back.
Yeah, no shit. Something anyone remotely educated on the topic has known since the policies went into place. The problem isn't that the information wasn't there, it's that no one with enough power to benefit from it is willing to do anything about it.
It's almost like every word a conservative (and neoliberal) says is deception or manipulation.
This cannot be solved peacefully.
We know, we know.
"Trickle down economics"
They're literally saying, "we're pissing on you."
That just sounds like regular corruption ?
with extra steps
We need to stop shaming people for believing in religion and start shaming them for believing in trickle down.
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Shocked. I am shocked to the core.
What do you mean, corporations that have a legal obligation to maximize value for shareholders weren't passing money on to consumers out of the goodness of their hearts? Nobody could have seen that coming! /S
I'll never understand how this image wasn't ridiculed from the start. I mean if you are talking about "trickling down", wouldn't the bottom be the place where the thing that is trickling down collects?
Of course money trickles down, it trickles down from the poor to rich.
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hear, hear OP. I can attest that dipshit started us on the path to the worst timeline.
#1 reason the country is a shit hole.
People should be always taxed more depending on how much more they make starting at 500,000$ a year for a single person imo. Once you hit that threshold you're far above a normal human....far above.
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Lol. Put entertainment people in charge of the economy again. Has the public even seen how they cook the books in that industry?
😲
That's what happens when you don't set an upper limit for wealth
I have two words: Fuck Reagan.
Reagan, both Bush's, Clinton, Obama, Trump, and even to some extent Carter. It's been a long dirty project. President Biden is the first to even start the project of reversing the wealth transfer, though it's worth mentioning that Senator Biden was as bad as any president on this score.
XKCD: Todays 10000 is just as relevant for this topic as it is for mentos and diet pop.
we should not stop bringing this up until it isnt relevant anymore. Which isnt going to be in my life time, likely, so you people everywhere who are either just reaching a point in your life where this IS news to you, or you have people in your circles that havent got the message yet, this seems like a good report to reference.
It's not enough to know or believe a thing.
It's being able to get that info the heads of people who don't know or haven't accepted it yet, by hook or crook, that we must be diligent for and this article, helps us do that.
Don't be only be bitter and cynical, if you are, also be part of the needed majority of people who will champion the bed to take down this flawed policy. Even if you only carry the torch to pass on to those that come after us.
It's s fight with fighting. Spread the knowledge don't make people feel bad for not already knowing this or believing it. Maybe this is the straw that breaks the supply side camels back
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