All of this right here👇this is how societies flourish. The top 1% has enough and they need to contribute to the economy, I mean how much money does one person need. Trickle down economics has never worked and it never will, really wish MAGA Republicans could understand this. - ThreadSky

cardonebrian.bsky.social • 92 days ago

All of this right here👇this is how societies flourish. The top 1% has enough and they need to contribute to the economy, I mean how much money does one person need. Trickle down economics has never worked and it never will, really wish MAGA Republicans could understand this.

Comments

maximumjim.bsky.social•92 days ago

Poverty is a choice.

Our society has decided that poverty should exist.

owslicer.bsky.social•92 days ago

Sadly how the stock market does can directly affect your bank account.

klwhite.bsky.social•92 days ago

They do. They are in the 1 percent and do t care that it doesn’t work. It’s working just fine for them.

cmg-0426.bsky.social•92 days ago

Shared

listentoshaft.bsky.social•92 days ago

Even Warren Buffett called trickle down economics a failed policy that never worked.

ogmiriote.bsky.social•92 days ago

This is a MUST WATCH.
EVERYTHING in it relates to now, and you might find some actionable inspiration if you pay attention.

"When someone has five homes and someone else is starving, then the first man has something that belongs to the other man." Mary Elizabeth Lease

https://youtu.be/yjpYzFtxfjU?...

jmidnight.bsky.social•92 days ago

Revolution historically tends to happen when the 1% has too much and poverty hits the rest too hard. On track for next year if I’m reading this correctly

wehearvoices.bsky.social•92 days ago

They are living in a diseconomy. One that hurts our Country by hoarding their $$$ and loopholing taxes. Fuck them!

enyadreams.bsky.social•92 days ago

whitchmi.bsky.social•92 days ago

I'm no economist, but even I can see that Biden's efforts to build our economy from the bottom up and middle out made so much sense! When everyone has a real opportunity to participate in the economy, they buy more, use more, invest more, et voila, still the billionaires remain solvent.

geniejeanj.bsky.social•92 days ago

Like this - #donuteconomics @kateraworth.bsky.social

https://www.youtube.com/watch?v=Rhcrbcg8HBw

6tuated.bsky.social•92 days ago

https://bsky.app/profile/6tuated.bsky.social/post/3licwtdyf422n

mzachry.bsky.social•88 days ago

They know it. The wealthy need a desperate lower class so they can control them.

foodogflowerfloozy.bsky.social•92 days ago

Find your local DSA chapter & join! https://www.dsausa.org

binaryhands.bsky.social•92 days ago

Where does the Democratic Socialists of America stand on Ukraine now?

foodogflowerfloozy.bsky.social•92 days ago

I’m a noob and will go to my first meeting next week but since they’re progressive I believe they would be backing Ukraine 💯 %. I certainly do.

binaryhands.bsky.social•92 days ago

I hope so to. There are some on the left when it comes to Ukraine blame America for a proxy war in Ukraine and Russia is just defending itself through invasion? I don't get it either. Wish you luck. If I lived in the states I would probably go to the DSA however I live in the UK. Solidarity

rockymountainlove.bsky.social•92 days ago

Here's a great Australian comedy group doing a skit on trickle down economics... https://youtu.be/JgsRzTxzC0U?si=wmy3v9OFu7-ILZz7

diotimaellen.bsky.social•92 days ago

This is the essence of caring about people as a whole and sharing responsibility for the well-being of all: a Utilitarian ethic. Peter Singer agrees that those of us who have enough extra have the duty to share some with those whose lives we can save with medicine, food, etc.

abilityrules.bsky.social•92 days ago

It's in the interest of the already privileged to make sure they give those who support them have a sense of being an insider. Makes up for the pain.

mkeanenl.bsky.social•92 days ago

Pain is coming for them. Spending will dry up.

xray-glasses.bsky.social•92 days ago

I’m guessing that many of those who weren’t born into wealth then reach the 1% level forget their experiences of living in poverty from paycheck to paycheck or with no income. Telling people to work harder & pull themselves up by the bootstraps is an empty platitude without opportunity.

fran-1.bsky.social•92 days ago

We are so on the wrong track! It’s all about more profit, more money for the top 1%. I’m sick and tired of it. And I’m sick and tired of being sick and tired 😡😡😡

kkmbol.bsky.social•92 days ago

💯👏👏👏👏👏

roseblosum.bsky.social•92 days ago

However, once the market begins to crash and their billions are at stake they'll just find some other illegal means to keep it. It's a word for it, I'm just having a senior moment to remember it!!!!

squeezecheeze.bsky.social•92 days ago

Top 1% never go to the store it is hired help that does their day to day business and could care less what price of eggs are!! Maybe they should have their money stripped away for six months and let’s see how they do

justacannuck.bsky.social•92 days ago

The other day I was thinking about buying a lottery ticket and I started dreaming about everything I would do with all that money. Then I thought “what if I become a socialpathic prick. Then I decided “fuck it, I don’t want this much money” and didn’t buy a ticket.

muhemdapinammo.bsky.social•92 days ago

AMEN!!

trisresists.bsky.social•92 days ago

Correct!!

https://bsky.app/profile/trisresists.bsky.social/post/3lcba64snr22f

shawncoreymusic.bsky.social•92 days ago

This is how we paved the way for fascism. This has to be solved, or nothing will be solved. Period.

mommamia.bsky.social•92 days ago

🎯🎯🎯

thrivetribeza.bsky.social•92 days ago

I think there’s a song for that…
More than words…

kims-sky.bsky.social•91 days ago

scribblerca82.bsky.social•87 days ago

Exactly! We already know how they’re doing.

scribblerca82.bsky.social•92 days ago

I said this many many times. I wish maga people understood this! Billionaires Should NOT exist!!

orangesauce.bsky.social•92 days ago

Warren Buffet has always marveled at how his administrative assistants pay more in taxes than he does – for decades. And here we are, nothing has changed.

pollirider.bsky.social•92 days ago

You ask the right questions but their goals are so far out we couldn’t have even guessed this..

https://m.youtube.com/watch?v=OC629l-wZBQ&t=2s&pp=2AECkAIB

terilg.bsky.social•92 days ago

Hoarding cash is vulgar and selfish.

julie3500.bsky.social•92 days ago

Exactly

maggyw.bsky.social•92 days ago

Well yeah. Should have voted Harris. She agrees

maggyw.bsky.social•92 days ago

That would go against everything they believe.

joannalamblooby.bsky.social•92 days ago

Exactly! The ultra wealthy 1% hoard their money —there’s a cap on human needs and beyond that is luxury spending that does little for the economy inhabited by regular folks. They create jobs for Gucci and yacht builders.

The lower 99% build small businesses and spend in the regular folk economy.

bensasser.bsky.social•92 days ago

And they get rich by exploiting the most vulnerable among us!

guammarine.bsky.social•92 days ago

#Truth, But Sadly Also #Fiction!!

feralog69.bsky.social•92 days ago

pawbaby2.bsky.social•92 days ago

It’s really unbelievable how your US tax system is set up! Ridiculous and very unfair!!

objectcontstraint.bsky.social•92 days ago

Establish a criteria that is objective, then publish the results every so often, perhaps 3-4 months. And eventually it will become one of those measures that get used for the health of the country.

reysjones.bsky.social•92 days ago

They don't care how the poorer half is doing. I've come to see the US gov. as a dark force for hate. But what do I expect of a country settled by a religious cult, and The Virginia colony company come to suck the resources out of the land? I descend from both groups.

zoeyknowsstuff.bsky.social•92 days ago

And because we have done business this way for so long, even people in that bottom 30% will support the 1% who do not care for their well-being at all.

We need to radically rethink the role of capitalism in America. It may not disappear, but unregulated capitalism is not sustainable, and is cruel.

herman7.bsky.social•92 days ago

They understand just fine

cathyfl7.bsky.social•92 days ago

🎯🎯🎯🎯

onetinsoldier61.bsky.social•92 days ago

They KNOW this

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