Didn't it trickle down? Someone had to build their mansions, yachts, golf courses and sports cars. Who served them tea, groomed their horses, and crafted their polo mallets? The rich didn't hire the rich to do it. 😉
When a person only reads at a 6th grade level, and is ignorant and/or just uneducated, they don’t believe that proven fact, and you can’t convince them otherwise.
This is exactly what I always say, the Regan administration and the trump administration by extension have given massive tax cuts to the rich that we are still feeling to this day. We have to inform and bring light there destruction of the U.S economy and the destruction of the dollar as we know it.
Why do people still believe that Ronny Raygun was actually President and not just playing another role. The GOP recruited him as a puppet. In Canada and Europe the news showed Nancy whispering him his lines at press conferences. You never saw that on US news.
Bonus points if you know why he's called Ronny Raygun. it's because he believed that the Star Wars laser system was real because it was in a movie he saw. His dementia couldn't differentiate between fantasy and reality. And many people still think he was a great president.
It was always a lie! Trickle down economics was never meant to be for the working class or the middle class! Just for the rich and shameless. Make them pay their fair share of taxes now!No more tax loop holes! Pay up!
I love how it’s “the tax cuts failed to trickle down” as if it’s the actual will of the money itself. In truth it’s personal & corporate greed that drives the “trickle”, the humans in charge who purposely chose to withhold money for the people in favor of lining their own & shareholders pockets
You know, I used to wonder how Americans could be duped out of their life savings by some flimsy, completely unbelievable con. How could anyone be so stupid as to think a Nigerian prince was going to deposit a million dollars in their bank? Anyway, just a thought.
Nope it didn’t trickle down but what it produced was a population of pissed off taxpayers that are so sick of the status quo that they actually voted for the same people that screwed them over in the first place. So actually Reganomics worked exactly as planned. And a coup was born…
The "Trickle" is a lie.. just like "Tariffs are good for you". Same people, same lies. Rich people spend their money, on foreign luxury goods.. not groceries, from the local store. How does that help ANYONE?
The biggest mistake Americans make putting entertainers in office. Just because their famous and you know their names does not mean they are right for the job.
And? Even if we were equal, you’d still complain your neighbor has a bigger dick. People whining about inequality are just jealous. Why does evolution favor this emotion? Maybe it’s fear of rival tribes overpowering you for having less. But why kill if they need workers?
People used to say the Republicans were smart about money (probably not so much now), but look, I knew when I was ten that "trickle down" was never gonna work.
I was there with you brother, also remember Pappy Bush calling trickle down “voodoo economics”. It still is but we have 40+ years of proof- yet the fools are still believing it.
This is what we need to lead with, imo. Multiple generations have felt and experienced this pain directly. Like Bernie says, the enemy is not each other, it is the obscenely rich who consolidate money and power and try to keep the rest of us satisfied with crumbs.
But they are experts at making us believe total bullshit. How else did voters believe the guy who can bankrupt a casino is a good businessman and therefore good for the country?
While on the other hand Affirmative Action has at least seen more Black Americans raised out of the lower and middle class. Nowhere near equal representation but much more than the 60’s.
Reagan was a devout adherent to the billionaire funded Heritage Foundation which has been producing mandates long before Project 2025. They brag about him on their website. Read their mandates. Eyes wide open.
Gee I’m really shocked. We’re supposed to get a trickle. A trickle couldn’t save u if ur dying of thirst. I’m supposed to be grateful for the little drip that comes out of a faucet. I knew they was bs from the get go. It was the start of separating us into clear haves & have nots &m
Maybe we should call it tickle down, kind of like how they tickle the fish before pulling out of the water. They tickle the gullible saying give us more money and we'll pass it along. They just never said how much they'll need before they do.
Not once in human history, in any country, at any time in history, has "trickle down" resulted in economic growth and increased GDP. All it has ever done is decrease the middle class and widen the wage gap.
it’s bizarre America hasn’t seen this output sooner.
RAEGEN WAS THE HOLLYWOOD GUY, HE KNEW RICH PEOPLE, HE KNEW TRICKLE-DOWN ECONOMICS IS UTTER BOLOGNA.
HE. STILL. DID. IT.
But since we believe, all evidence to the contrary, that we’re going to be rich someday and will want tax cuts when that happens, we buy into the fallacy.
And then it's like, "Whoa, look at this budget deficit here! Don't know how that happened. Better cut grandma's Medicare benefits and reduce the child tax credit to balance the budget!"
Tax cuts for corporations = bigger profits = employ more people. That was the argument then as now. Profit motive says employ more people when demand increases and you need more product. If you don't employ more people how does demand increase? Keynesian theory.
Reagan is the worst president in American history. He started the lying,drug war, trickle-down bullshit, union busting, looting the treasury and giving it to the rich,taxing Social Security, suppressing wages, lying about his health.
#RepublicansAreTheProblem
#RepublicansCan'tGovern
#TrumpIsUnFit
I despise that actor for the endless harm he’s caused! And the republicans worship him same as they do trump! If trump told them he was a loser, he would loose all his admirers!
I remember being about 8 years old (in 3rd grade) when I first learned about trickle down economics and I thought it would never work at that age. I wasn’t naïve enough at 8 yo to believe that rich people would *share* willingly and only 3 years earlier I was taught to share in Kindergarten
but...we as people do not make a habit of listening to economists..for some reason everyone listens to politicians and sound bites and everyone's good with that....
How and when can we get this information over to the
ill-informed
(and I do emphasize ill). Drop flyers out of airplanes?
It's like the ill-informed are impenetrable.
It would only be fitting that since the rich pay most of the taxes, that they would get the biggest returns. When you have a populous in which 40% of the people don't even pay income taxes, how do you expect them to get tax breaks? Common sense isn't so common.
Australia survived the GFC in 2007-2009 by doing the opposite. The economy kept rolling on. Money was given in grants to struggling families and to businesses employing tradesman and workers building infrastructure projects, school and community halls etc etc. Trickle down doesn't work.
Yep. They sure did. I know a few people who live in the same s*** hovel that they lived in when Trump was president before. Nothing changed for them. Do they really think something he does now is going to make a difference, if it didn't before?
Even Hayek would be appalled by what passes for neo liberal economics now, explicitly dropping the gold standard with untethered monetary policy for one.
50 years of trying it, failing, losing elections, rolling back, then getting back in and doing the same thing
Comments
And then
The Democrats clean up the mess
Now, back to work with you!
Trump to MAGA: "I Don't Care About You, I Just Want Your Vote"
MAGA: Cool. We got your back!
#FAFO
Taxes from the average joe pay for that. Remember, the mantra is fat cats don't pay taxes.
Sorry, I'd like to follow those thoughts but I can't get your logic. And besides my neighbor is a woman - no dick.
Bon voyage.
Oligarchs doing nothing but re-investing ill gotten gains get all the money now.
I'm old enough to remember growing up in the first bar, but I've spent my entire working life in the second one.
Reaganhood - steal from the needy and give to the greedy!
RAEGEN WAS THE HOLLYWOOD GUY, HE KNEW RICH PEOPLE, HE KNEW TRICKLE-DOWN ECONOMICS IS UTTER BOLOGNA.
HE. STILL. DID. IT.
BEFORE THE INTERNET
So we goin Old School
now y’all
#RepublicansAreTheProblem
#RepublicansCan'tGovern
#TrumpIsUnFit
Tinkle-down Bullshit-o-nomics.
never will
the original big lie
Well, at least they are both quite wealthy now and don't need your vote.
but...we as people do not make a habit of listening to economists..for some reason everyone listens to politicians and sound bites and everyone's good with that....
It was always a plan to transfer wealth to those at the top. Always.
Reagan knew it. Reagan agreed with it. Reagan sold it.
Mr. "aw shucks" put on the road to oligarchy.
ill-informed
(and I do emphasize ill). Drop flyers out of airplanes?
It's like the ill-informed are impenetrable.
https://apnews.com/article/louisiana-tax-reform-special-session-landry-95db6e608809dcdcfae5f5de8b0355d4
50 years of trying it, failing, losing elections, rolling back, then getting back in and doing the same thing