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orleans

(35,842 posts) Thu Apr 3, 2025, 08:53 PM 23 hrs ago

"fifty years of "trickle down" has turned

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(as seen on fb)

2 replies

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"fifty years of "trickle down" has turned (Original Post) orleans 23 hrs ago OP

I just made a connection to something my Dad said TexLaProgressive 23 hrs ago #1

Apart from Joe Biden, pretty much 40 years. Kid Berwyn 20 hrs ago #2

TexLaProgressive

(12,424 posts)

1. I just made a connection to something my Dad said

Reply to orleans (Original post)

Thu Apr 3, 2025, 09:29 PM

23 hrs ago

"In a recession SS and unemployment compensation keep the economy from dropping into depression."
That means a "trickle up".

Kid Berwyn

(19,740 posts)

2. Apart from Joe Biden, pretty much 40 years.

Reply to orleans (Original post)

Thu Apr 3, 2025, 11:52 PM

20 hrs ago

David Stockman reported 7/8 of all the wealth created in history happened between 1981 and 2008, and almost all of it went to the top 1-percent, thanks to trickle down fiscal policy.

Imagine what the numbers would be today?

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