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   Ricki Gray Area Witch Tarr (rickitarr@beige.party)'s status on Wednesday, 30-Aug-2023 01:37:45 JST Ricki Gray Area Witch Tarr

   Trickle-Down Economics isn't a failed experiment, it worked exactly the way the people that instituted it wanted it to.

   • AnthonyJK-Admin repeated this.
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     𝐿𝒶𝓃𝒶 :verifiedtrans: (ladydragonfly@universeodon.com)'s status on Wednesday, 30-Aug-2023 02:34:10 JST 𝐿𝒶𝓃𝒶 :verifiedtrans:

     in reply to

     @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.