this post was submitted on 30 Dec 2023
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[–] TenderfootGungi@lemmy.world 99 points 2 years ago (3 children)

Trickle down is a political term. Economists know that wealth trickles up. It is only moved back down with taxes. Non-economists have a saying for this, “the rich get richer”. Economists have a formula for this: r > g

[–] oce@jlai.lu 12 points 2 years ago* (last edited 2 years ago) (1 children)

And inheritance is one of the biggest source of inequalities hence why Piketty proposes a massive tax on inheritance to be redistributed equally as a universel basic inheritance to young people. There are hard core scientific papers behind it but this is a popularized article I have found: https://goodmenproject.com/featured-content/fairer-taxes-and-inheritance-for-all-the-economic-plans-of-star-economist-piketty/. Problem is inheritance is an extremely touchy topic, most people have the deeply rooted instinct to give everything to there children and can't think rationally about it.

[–] Nerorero@lemmy.blahaj.zone 9 points 2 years ago

Pickle down Rickonomics

[–] SlopppyEngineer@lemmy.world 6 points 2 years ago

High capacity pump up, and a trickle down.

[–] Tylerdurdon@lemmy.world 62 points 2 years ago (2 children)

To get a real trickle down effect, you'd need to tax them and watch the tears trickle down.

[–] Sheeple@lemmy.world 27 points 2 years ago (29 children)

How about off with their heads since they'll just find ways to dodge taxes?

[–] Stamets@lemmy.world 15 points 2 years ago* (last edited 2 years ago)

Yup. Only trickle I wanna hear is the blood of billionaires

[–] crsu@lemmy.world 7 points 2 years ago

They got the bomb we got the guillotine

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[–] Emerald@lemmy.world 2 points 2 years ago

Just rid them of all their money. 100%

[–] son_named_bort@lemmy.world 41 points 2 years ago

What are you talking about? As someone in the middle class it's been nothing but golden showers for me.

[–] Brian437@lemmy.world 29 points 2 years ago (1 children)

I told you, when i'm finished, you can have what's left!

[–] EvilEyedPanda@lemmy.world 37 points 2 years ago

Proceeds to throw up on the floor and continues eating.

[–] crsu@lemmy.world 18 points 2 years ago (1 children)

Let's stop pretending Ronald Reagan could do anything but read a script

[–] DragonTypeWyvern@literature.cafe 33 points 2 years ago

"He was just a puppet" is both untrue and too forgiving of his agency in being the worst thing to happen to America since...

Well, actually, he's got a lot of competion even in the 70's, like the enslavement of hundreds of thousands of young men to fight an unjust war.

[–] rimjob_rainer@discuss.tchncs.de 10 points 2 years ago (1 children)

Wealth can only be obtained by taking wealth from others and the easiest way is taking from the unwealthy.

[–] drolex@sopuli.xyz 1 points 2 years ago

Why do they call themselves unwealthy if they aspire to get wealthy? 🤔

[–] ThePantser@lemmy.world 8 points 2 years ago

I think I feel a trickle but I think it's just piss.

[–] okamiueru@lemmy.world 7 points 2 years ago (2 children)

Such a bad analogy. Only slightly better if he'd freeze most of it, and sell a tiny part at an inflated prize due to the scarcity.

[–] balderdash9@lemmy.zip 16 points 2 years ago

He has more in the freezer that he also won't share ( ͡❛ ︹ ͡❛)

[–] Carvex@lemmy.world 6 points 2 years ago

He also owns all of the grocery stores, food distributors, trucking companies, farms, laborers, and politicians to remove safety laws and taxes concerning all of those, for a better analogy.

[–] Kolanaki@yiffit.net 6 points 2 years ago

"You can have what's left!"

"But there's never anything left!"

[–] therealjcdenton@lemmy.zip 3 points 2 years ago

But I want it NOW

[–] MonkeMischief@lemmy.today 2 points 2 years ago (1 children)

I dunno the source context (looks very Family Guy/American Dad?) but the image by itself is so... Creepily unsettling. 😐

[–] balderdash9@lemmy.zip 2 points 2 years ago (1 children)
[–] MonkeMischief@lemmy.today 3 points 2 years ago

Thanks for the context!

Yep even in the pocket-dimension of a nonsense Family Guy bit, it's still creepy and unsettling! Lol

[–] fossphi@lemm.ee 1 points 2 years ago

Any minute now!

[–] ElBarto@sh.itjust.works 1 points 2 years ago

Hey, at least it's not the R Kelly trickle down economics.

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