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Economy

BigmanPigman

(51,554 posts) Wed Jul 15, 2020, 11:07 PM Jul 2020

Nothing trickles down (only in theory)

Robert Reich (@RBReich) Tweeted:
We bailed out Wall Street in 2008
...nothing trickled down

We gave the rich a $2 trillion tax cut in 2017
...nothing trickled down

We handed corporations a $500 billion check during an unprecedented health & economic crisis
...nothing trickled down

We’ve seen this all before.

Link to tweet

?s=20

4 replies

= new reply since forum marked as read

Highlight:

Nothing trickles down (only in theory) (Original Post) BigmanPigman Jul 2020 OP

I call it... Newest Reality Jul 2020 #1

...nothing trickled down lapfog_1 Jul 2020 #2

It's not "trickle-down"---it's "PISS-ON"! lastlib Jul 2020 #3

Yep! The trickle down idea only works in an outhouse RainCaster Jul 2020 #4

Newest Reality

(12,712 posts)

1. I call it...

Reply to BigmanPigman (Original post)

Wed Jul 15, 2020, 11:15 PM

Jul 2020

I call it GUSHING UP economy. It obviously does.

Listen to the sound of the giant economic Hoover sucking everything up. WHOOSH!

How many billionaires are more billionaireated now under these conditions? What?

Those for whom it booms called the economy booming. Our boom was the sound of vulture bombs dropping on us, spreading the exploitation shrapnel. OUCH!