Oah, its gonna #trickledown any time now
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#trickledown
1 post1 participant0 posts today
Can't wait for that #trickleDown, baby!
$11B in bailouts for Ontario businesses. Thanks Doug Ford.
https://www.cbc.ca/news/canada/toronto/ontario-relief-businesses-us-tariffs-1.7503573
CBCOntario offers $11 billion in tax relief, rebates to businesses stung by U.S. tariffs | CBC NewsThe Ontario government says it will provide about $11 billion in relief and support for businesses stung by U.S. tariffs.
#theguardian #martinkettle
#trump #tariffs
All the commentary on this subject shows an amazing lack of honesty. The reason that #usa isn’t ‘great’ in America is because of Reagan’s #trickledown economics. Exported around the world.
If #trump wanted to make America great he would have increased taxes on the rich back up to 60% instead of #tariffs. America will continue the slide to look like Russia in the 70s as infrastructure continues the #fallout4 makeover and manufacturing is just cheap crap.
Other country leaders should take note. If you want to build an army you need money and it is being stashed in those rich people’s coffers.
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Perilous and chaotic, Trump’s ‘liberation day’ endangers the world’s broken economy – and him https://www.theguardian.com/commentisfree/2025/apr/02/perilous-chaotic-donald-trump-liberation-day-fix-world-broken-economy?CMP=Share_iOSApp_Other
The Guardian · Perilous and chaotic, Trump’s ‘liberation day’ endangers the world’s broken economy – and him
Replied in thread
>> Before #Reagan, a lot more citizens hated #Republicans than today, especially those who suffered through Hoover"s #GreatDepression. None of those folks are alive to explain to the younger generations how horrible #trickleDown austerity is.
#PeaceConstant is 3 generations max, ~90 years in modern times.
Every few generations, humans make new mistakes that resemble old mistakes, and the next generation has to relearn hard lessons about peace and prosperity.
Republican economics my entire life:
Stick it to middle income Americans and tell them Democrats are to blame.
Wash. Rinse. Repeat.
Wählst du #Reiche in den #Bundestag, erntest du Politik für Reiche. Warum die Hälfte der Wählenden Reichen-Politik gewählt haben, kann ich nicht nachvollziehen. Der berühmte #trickledown effekt schwirrt noch immer in den Köpfen der Leute rum. Statt dessen geht die Schere zwischen Arm und Reich in Deutschland immer noch weiter auseinander. Gar nix geht von oben nach unten! Im Gegenteil!
#wirtschaftswachstum #steuerschlupflöcher #taxtherich
https://makronom.de/koalitionsverhandlungen-wachstum-ist-kein-selbstzweck-48401
Makronom · Wachstum ist kein SelbstzweckDie Wirtschaft zurück auf Wachstumskurs zu bringen, war ein zentrales Thema im Wahlkampf. Problem dabei: Nicht Wirtschaftswachstum ist das eigentliche Ziel von Wirtschaftspolitik, sondern verwandte Aspekte wie Arbeitsplätze oder Staatseinnahmen. Es bleibt zu hoffen, dass die Koalitionsverhandlungen dies berücksichtigen. Ein Beitrag von Steffen Lange.
https://www.youtube.com/watch?v=LYyIlC7GnJI
Yes!!
YES!!!
For those of us able to remember #reaganomics and the disaster that was (I barely do, I was a child, but I recall my parents talking about it.), we all know that #trickledown doesn't work. Unless it means getting pissed on by the gov't.
Plus ça change, plus c'est la même chose.
Is there any country where this isn't a phenomenon? Lettuce Liz must be creaming her pants.
Continued thread
#trickledowneconomics
Wealth doesn't #trickledown naturally, it stays where it is or it floats upwards. Wealth gives market advantage. The reality is that unless it is well regulated, Wealth gets sucked upwards.
That's why the workers and the middle classes are losing wealth just as the billionaires are amassing it in proportions of world GDP that haven't been seen since Julius Caesar and his friends/enemies looted the entirety of Europe and the middle East 2000 years ago.
Continued thread
Oh my! This article has pointed out the philanthropy is pretty much dead and buried in the USA. The charity groups have been mainly funded by the government for decades. There is no #trickledown from all these tax cuts that have created billionaires.
Blame Capitalism: for exploiting undocumented workers to avoid local, state and national laws, such as minimum wage and workers rights.
https://www.ft.com/content/e61e1348-9ee7-4dd9-b2a8-8d262e26d3e9?sharetype=blocked
Replied in thread
#Merz sagt wir sollen bitte nicht mit den vorliegenden Zahlen rechnen, sondern lieber mit ungelegten Eiern
( #Wachstum durch Entlastung der Reichen & "#TrickleDown" )
Merz stoppen! Ist euch klar, dass diese Bundestagswahl entscheidend ist?
Wollen wir #Wirtschaft, #Industrie und reiche #Erben steuerlich pampern, das Angebot erhöhen und auf #TrickleDown hoffen?
Oder wollen wir kleine / mittlere Einkommen entlasten, um die Kaufkraft / Nachfrage zu stärken?
Blame Capitalism: for using political expediency as an excuse to avoid investing in clean energy thereby making the climate crisis worse.
https://www.inquirer.com/real-estate/commercial/new-jersey-windfarm-shell-withdraws-20250130.html
The Philadelphia Inquirer · Shell withdraws from big N.J. wind farm that Trump wanted ‘dead and gone’
Blame Capitalism: for using its vast financial resources to intimidate and disempower people and organisations that would otherwise hold it accountable.
ABC News · Environmental law charity may be forced to shut after court costs
Blame Capitalism: for polluting your environment, profiting from you paying them not to pollute your environment and then lying about how much it is polluting your environment.
https://phys.org/news/2025-01-uk-industry-deception-tactics-deflect.html
#capitalism #neoliberalism #classwar #vulnerable #economics #bosses #workers #humanrights #environment #war #BlameCapitalism #livingwage #tax #taxburden #neoliberalism #trickledown #fossilfuels #mining #auspol #genocide #climatecrisis
Edit:corrected spelling mistake
Phys.org · UK water industry found to be using deception tactics to deflect blame for sewage pollution