this post was submitted on 26 Sep 2023
1277 points (97.5% liked)

Memes

45581 readers
1480 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
1277
submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 6 points 1 year ago (1 children)

Weekly reminder that "trickle down economics" was always meant as a criticism. Coined by Will Rogers

This election was lost four and six years ago, not this year. They [Republicans] didn't start thinking of the old common fellow till just as they started out on the election tour. The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover was an engineer. He knew that water trickles down. Put it uphill and let it go and it will reach the driest little spot. But he didn't know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow's hands. They saved the big banks, but the little ones went up the flue.

https://en.m.wikipedia.org/wiki/Trickle-down_economics#:~:text=Trickle%2Ddown%20economics%20is%20a,critics%20of%20supply%2Dside%20economics.

[โ€“] [email protected] 1 points 1 year ago

today I learned...