Quote:
Originally Posted by David Sklansky
When smart people assert that trickle down economics is fallacious, what they are really saying is that increasing the wealth of rich people helps others to a much lessor degree than if the increase went directly to those poorer people. But lots of people erroneously think that nothing at all trickles down, which defies common sense. That should be made clear when talking about the subject. Similar to the idea that Black Lives Matter people should make it clear that they are asserting that it concerns them that many people think that black lives matter LESS. Not that they think that they don't matter at all.
Why don't people realize that basically true, but moderately exaggerated assertions, do more harm than good when it comes to influencing others.
We love to see any evidences of that ….
If trickle down economy was a success, why such a big wealth gap and gigantic bubble in the stock markets ?
Why US households debts keep increasing ?
Why with 2 parents working with kids it’s never been harder compare 40 years ago when 1 worker was enough for an entire familly ?
Why the poorest states are republicans ?
Why velocity keeps falling ?
Why gdp keeps falling .
Why tax cuts by trump , beside creating trillions in debts , didn’t bring nothing ?
Fwiw , wealth is created by having a job , not by having weaker consumption prices , unless of course your in the the top 15% who owns 80% of the stock market …