Post

I had this similar conversation on linkedin with someone who was a financial sector worker, and completely bought into the myth. So, I drafted a whitepaper with 45 years of data to back it up. Feel free to check it. iankozak.substack.com/p/debunking-...

Imagine being in this current situation where the only thing that can save the USA is regulations..., which requires decent honest politicians with dignity and intelligence; which requires a very large, and somewhat enlightened voter base. Wow, the USA is fuk'd.

Yes, but at least djt and the billionaires are doing very well, thank you.

40 years of trickle down economics and people still believe it.

And the reason they are "richer" is because of government $$$$$. Subsidies and fake contracts!

I love Liz. She should have been President. I treasure my coffee mug from her campaign.

Lucy, football, Charlie Brown

The only thing that trickles down is the cost and usually it pours like Niagara Falls.

📎

I've long called it crony capitalism, defined as: socialized costs, privatized profits The fthy rich crony capitalists buy politicians not only for govt contracts, but also: -corporate welfare in the form of subsidies & tax breaks -blocked & eliminated regulations -suppression of wages & benefits

You don't need an MBA to realize the " trickle down theory" of economics the Republican'ts love is about as effective as the rhythm method of birth control.

Tru dat. Cutting taxes = worse public services, poorly maintained infrastructure (which the billionaires don't use, but their businesses do), and a populace left poorer than before.

“This time fer shure!”

"Trickle down economics" The the trickle is actually akin to " urination economics". The rich piss on us all as they get richer off our backs Change my mind

Absolutely!

And they never cut spending, they just add it to the charge card. That behavior is unsustainable. I am so sick and tired of politicians (from both sides) touting tax cuts as the answer to everything. I don't want to hear this until we manage to at least balance the budget better yet, have a surplus

Sometimes I remember we could have had her as president already, and I get real fuckin mad

@papst-ny.bsky.social

The thing I like about Warren was that she was a die hard reagonite till she worked in the trenches of the public sector and saw what the policies she supported actually looked like and changed her tune. I’m sure it’s more complicated than that but it’s a damn good story.

FLORIDIANS! Listen Up! This is why we have Amendment 3. To make the rich richer. A3 lowers the cap for non homesteaded and commercial property from 10% to 5%. Cutting taxes on mansions (large primary homes), rental and commercial property. Floridians will pay more to make up the difference.

Indeed, So Americans wake up, look around you!! Prices for living are day after day exploring. Fight against this very, very evil satanic corrupt Trump regime, massively and let’s get them to justice.

Isn't there a HUGE gap between AI spending & the time to make AI truly profitable (ROI)? It will take 3+ years to build the DCs to house all the AI servers. Super productivity can't occur without the DCs. The bills will come due SO much sooner. It doesn't add up. Even with Trump's [bad] math...

"Trickle-down Economics" = PISS ON YOU

The American people have sooo many burns on their hands from touching sooo many hot stoves because we are definitely not one-trial learners.

This is the system the founders created. One in which wealth is protected at all costs and the citizens are used as both collateral and responsible for the bill

Trickle On Economics hoarded all of the wealth in Elon's offshore accounts.

🎯

Every fucking time.

Data centers won't create jobs Back in the day when they were rolling out modern telephone exchanges (essentially specialist computers) they said they could be run by one man and his dog The dog was to keep the man off the equipment and the man was to feed the dog!

bsky.app/profile/chlo...

And their solution? Take away the safety net from children, seniors, and disabled people. Just say NO MORE! #raisethecap

She could be eviscerating him now?

Trickle up is how to have a healthy economy. CEOs on 5 year=vested contracts based on company stock price has conditioned leaders to only look at short term company wealth. Pay the bottom a living wage, they have money to purchase goods and services, creating long term company health/profits.

It should be Phase 1: we need instant results.

Correct bring back that Republican Eisenhower 91% marginal tax rate Let the rich pay and bring back the middle class versus the continual class war on the middle class, working class, and the poor for the rich via corrupt prostitute politicians

Which is why in addition there needs to be a tiny 0.1% wealth tax that requires them to identify all their wealth, no matter where it exists :-)

And trump went from 666 million to 2.5 BILLION in two years squatting in the White House.

Came here to say this. She’s been working in high paid positions (including as a Professor at universities) for 50 years.

I chuj jej w krzysz jo

Głupia cipa jo?

She’s actually written 12 books and 100 articles for personal profit whilst collecting a government salary. With so much free time to write on the tax payers dime - I wonder why she hasn’t bothered to read Project 2025 and written a defensive strategy to protect her constituents rights by now.

So if you wrote 6 best selling books while working full time and accumulated millions over decades we could call you “corporate”?

A landmark RAND Corporation study calculates that approximately $79 trillion has been redistributed upward from the bottom 90% of Americans to the top 1% between 1985 and 2023. Add ANOTHER 25 TRILLION spent on the Military. AND WE HAVE NOTHING TO SHOW FOR IT.

Nobody is better at the ins and outs of tax policy and financial goings-on than Sen. Warren. Hat's off to her. ✊

Dems have cut taxes multiple times as well.

The money never trickles down because the rich don't want it to. They're human, like the rest of us. Not angels, not unicorns, just ordinary people with the same temptation to do what they want and ignore others.

Trickle down economics has NEVER benefited average Americans.

bsky.app/profile/chlo...

Not even giving everyone $5000 dollars would make up for eating less, buying less, traveling less, that the republicans have foisted upon the people. Disastrous policies, tariffs born by the people and never redistributed to them have consequences.

I remind you that the British did a fifty year study of trickle down economics and found that it has never worked. NEVER!

Old article in Scientific American, trickle down is actually trickle up.

Every tax cut lowers the value of the dollar.

Every fucking time! ENOUGH!

That's because when they say that, they're really talking TO the rich. It does pay off for them. Like when Trump says the country is richer than ever, and everyone is making a lot of money.. they are.. him and his rich buddies... No one else.

97.5% of the national debt has occurred since Reagan ushered in this conservative, economic bullshit!

It NEVER worked as claimed...

Math numbers and patterns DONT LIE!

Trickle Up economics … Doesn’t work, never has, never will.

Facts matter.

The Reagan & Republican "trickle down" has only trickled down to the wealthy. The rest of us got conned.

It was always the plan.

republicans use the same lie for 50 years+

Unsurprisingly, it always pays off considerably better for billionaires, like a magical trick!!! 😧😖

Trickle down shit.

We're in year 46 of the failed experiment of Reaganomics...

She’s CORRECT but not a BRO so… yadda, yadda. Old enough to remember when following facts advanced your cause. Just turn on Hallmark where it’s ALWAYS Christmas, or about to be. That’ll glaze you over but good.🕺🪩

Yep. That’s what exactly what’s happened and continues to happen. Our selfishness has made us sheep.

Exactly. The billionaires & corporations are greedy little 💩. They most certainly are not going to let ANYTHING trickle down to those of us that they perceive as worthless

That old "trickle down" trick...

I like that we need academics to tell us the obvious. Yes, you can convince the uneducated those things. The real problem that everyone ignores is that government has made us choose between them and ourselves. And making us choose a group of people to hate and sell out. Her included.

GHBush called the Laffer Curve & Supply-side economics, "Voo Doo Economics" before Reagan picked him as his VP. Now under Trump we have "Voo Doo Economics 2.0" Cruel, mean and heartless.

And the country loses substantial tax revenues each time the GOP awards its mega-wealthy donors & corporations these huge tax cuts. The GOP awards those mega tax cuts each time they have the votes to do so, amounting to trillions of dollars in tax cuts for corporations and the über wealthy.

Robbing the poor and rewarding the rich. This is the best analysis, that l found, of the 1BBB to show the transfer of wealth by tRump's policies.😵

She's older than dirt and has plenty of cash to buy groceries.

At least she's consistent- she's no fedderman

Or left with the national debt. The billionaires will be long gone when the bill comes due.

If the benefits of tax cuts go only to the wealthiest, why should ordinary people still believe this line of reasoning?

And THAT is why the GOP is against education.

Dems frequently introduce “expert’s opinion” into conversations about common truths. No wonder voters feel Dems are talking down to them. Just say “everyone knows” Liz… evidentiary rules don’t apply here.

Progressive taxation as we had before Reagan is the answer. And if they don't pay, seize their assets. And put them to prison. The smirking buggers would make themselves kings and re-shape humanity in their own greedy images.

"Tricke down" economics is a lie.

I don't understand how people believe trickle-down. Giving money to corporations does not stimulate demand. It's a terrible business decision in that situation to pump money into capacity when the demand for it doesn't exist in the marketplace.

But they did qualify it with ‘ultimately’ so…🤔..you know… ..eventually….maybe……😐

We should have a billionaires’ bill to prevent the existence of billionaires.

Hopefully, Diaper Donnie will be the last one to direct this dismal flop sequel. The whole world knows it doesn’t work - but that doesn’t matter to the billionaires who own the GOP. The crazy thing is, would they even NOTICE a billion or two less? Of course not.

And then the Democrats got blamed when it all came crashing down after Republicans were out of power.

bsky.app/profile/chlo...

True.

Same. She's the biggest threat to the broligarchs. They have targeted her since day 1.

The rest of the people got less and less paying more and more,and blamed the wrong people...Rinse repeat,and voila!

Duh. America, you here?

I repeat once more - #Trump & his cronies will never leave the White House willingly when their time is done. They & the entire GOP are bound together forever in a criminal conspiracy which - should they lose power - would see them all jailed & their assets seized. Expect a #coup-d'état

Yep, we rarely get anything back from the GOP over the years. Yes we got those Pandemic funds, but under a democrat we would have received more and those funds were mostly a money grab by fake non profits like the NFL. Real small businesses and non profits never received those funds. But the MLB did

The problem is, there is no enforcement mechanism from govt. Congress cuts taxes on the condition that corporations create jobs, but when they don't nothing happens. CEOs use $ from tax cuts to buy back stock, which increases their own compensation when stock price goes up.

She's great if all you want is to talk about it.

Warren told the truth too bad no one listen or take any action.

And then the Rs cut ads saying a D "voted to raise taxes." Yes, they probably did. They voted to raise taxes on millionaires and billionaires. But because the Rs fix the system, what happens is cuts for the highest incomes and increases for the rest of us. It just makes you want to scream.

LEFT BEHIND ONCE MORE!!

Absolutely,that's what happens.

The republicans formulated an extremely cynical strategy. What followed has been decades of deceit and the erosion of the middle class. When will people catch on? www.milwaukeeindependent.com/thom-hartman...

Money defies gravity. It trickles up.

There’s real research behind this. A study of major tax cuts for the rich across 18 countries over 50 years found higher inequality, but no significant boost to growth or employment. “Every time” is too broad—but the larger pattern is hard to dismiss.

Slow learners if there ever was.