General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsDo we need a term to counter "Trickle-down economics"? Perhaps leaky-balloon
economics? Open to suggestions.
Wellstone ruled
(34,661 posts)Reverse Robin Hood.
raging moderate
(4,317 posts)Senator George Mitchell said this decades ago, and it is still true.
But, I guess, not true enough to make it stop.
maxrandb
(15,393 posts)And Tinkle Down on the MSM
Tansy_Gold
(17,891 posts)Or, "Fork it over, fuckheads."
maxrandb
(15,393 posts)Like it says in the Bible the poor will always be with you
NCTraveler
(30,481 posts)And its used widely.
hurl
(939 posts)KY_EnviroGuy
(14,500 posts)Lee-Lee
(6,324 posts)lastlib
(23,377 posts)Redleg
(5,861 posts)Perhaps we can call it golden-shower economics to be more descriptive of what is happening. Or "shit-rolls-down hill" economics.
KY_EnviroGuy
(14,500 posts)Similar to hurl's (#5) Deluge-up economics.
All controlled by the 1%.
JHB
(37,166 posts)The near-religious view that ultimate good is to send money skyward: as much as possible, as fast as possible, as high as possible. Any impediment, any bottleneck, anything that slows that process down is an anathema. Call those impediments Liberalism, socialism, even communism, but any constraint on maximized profit is a threat to The Way Things Ought To Be.
After all, its not redistribution if you call it maximized profit and dividends, right?
Motley13
(3,867 posts)or as SNL said hosed
Initech
(100,145 posts)Trickle down economics: in the end, you're the one who's going to get pissed on.
smirkymonkey
(63,221 posts)Anyone who still falls for this garbage is a total idiot.
ProudLib72
(17,984 posts)Don't piss on me and tell me it's raining pennies.
How about Rethug Three Card Monte? The oldest con game in town, and idiots are still falling for it.
spanone
(135,930 posts)L. Coyote
(51,129 posts)There is no trickle down, there's just paying interest on what the billionaires steal as they loan it back to us to cover the deficit their thievery creates!
BamaRefugee
(3,488 posts)pnwmom
(109,024 posts)if you really want to spell it out.
safeinOhio
(32,754 posts)"what an older and less elegant generation called the horse-and-sparrow theory: 'If you feed the horse enough oats, some will pass through to the road for the sparrows.'"
https://en.wikipedia.org/wiki/Trickle-down_economics
or the eat shit economic theory
Pathwalker
(6,600 posts)n/t
Gothmog
(145,894 posts)Brownback adopted the same policies advocated by trump and these policies failed
MGKrebs
(8,138 posts)"Trickle down" is already supposed to be a pejorative for "supply side" economics. But if we need another one, GHW Bush called it voodoo economics, and it became known as Reaganomics, and during that time we went from the worlds largest creditor nation to the worlds largest debtor nation.
Greybnk48
(10,182 posts)He LOVED Reagan and his bullshit supply-side econ, once he was picked for V.P.
Greybnk48
(10,182 posts)Then he would say "Y'all hear that sucking sound?" "That's all your jobs going over seas."
I didn't support him, but I agreed with all of this!
Stinky The Clown
(67,841 posts)vlyons
(10,252 posts)nt
HughBeaumont
(24,461 posts)meow2u3
(24,776 posts)a.k.a. the rich stealing from the poor and middle class.
Calculating
(2,957 posts)Steal from the poor to give to the rich in hopes that they'll give us jobs to earn it back.
Break time
(195 posts)Works much better,actually anything works better... But if they would make sure everyone was making a decent living they would spend it and the money would "trickle" up and go into their pockets...In the end everyone would be much better off and happier