Trickle-down? You mean Vacuum-Up economics?

Wow, who knew he'd get richer after using an illegitimate department of the government created specifically for him to destroy the investigations into his companies and remove competing contracts for his business?

And all he had to do was cook some voting books to get Trump elected in order to be given this power.

I have a coworker who said "I'm a Regan Republican, I always believed trickle down economics" just last year...

I said "man how many more fucking decades of it not working do you need before you realize it's bullshit??"

He was just like "hmmm, yeah I guess..."

Some people just put 0 thought into a stance they acquired at some point in the past...

Imagine the things we could do if we took all that wealth and shared it among the working class.

In 1967, one Union job was enough to support a family of four with a house, a car, and money to send the kids to college. At that time, $1 million was considered a vast fortune. GOP Richard Nixon was elected in 1968.

By 1993, 'middle class' meant two incomes to support a family. $1 million was what a rich guy paid for a party.

The US had five terms of GOP Presidents and one term of Dem in those years.

Trickle down works, you just have to remember that those with the money are like piñatas. You have to hit them very hard woth a stick and the economics will fall out of them.

LIQUIDATE MUSK

(Financially, in Minecraft)

We are literally repeating the last century. 1918 was a big pandemic. 1929 was the crash of the economy. Brace yourselves.

We need to reject that propagandised name, and start calling it by its original name- horse and sparrow economics. As is the horse eats the seeds, and the sparrows pick through its shit for the undigested bits.

Oh. It is not BS. It is working exactly as intended.

They just tell people it'll do something different than what it actually intends to do.

My boss is a big Musk/Tesla fan, so he and I shoot the shit about these things often. I asked him about Musk's supposed trillion dollar pay package, and....man, I'd hoped he'd agree that's too much money, but sure enough he found a way to justify it. No amount is too much apparently

One thing I like about Lemmy is that over on the Other Place, some eejit would have by now appeared in the comments section to say "but it's not real money, he can't actually spend it". As though the fact that the amounts involved are so massive that they'd literally break the whole market to exercise them, is anything other than an absolute abomination and very much the reason why we shouldn't tolerate it.

500 billion. We're almost at trillionaires, while billionaires have existed for barely 100 years?

So wrong on so many levels. The guy is an absolute tool.

That is the best marketing campaign ever,

"Just let us keep all the money, some of it may fall down"

They pee on you and they say it is raining.

Trickle down works just fine, it's just that elon musk is so far beneath everyone else

The only thing that trickles down is their piss onto our heads while they say it's just raining.

hes also going hard on AI, because VC funds are still pouring in for the moment.

Vote with your time and money. Society enables this..