#trickle-down economics

[porterdavis]

How's that 'trickle-down' working for you?

The non-partisan Congressional Budget Office has just released a report showing changes in the distribution of family wealth from 1989 to 2019 (the first and the most recent years for which comparable survey data on family wealth are available). Families in the top 10 percent of the distribution now hold more than two-thirds of all wealth. Families in the bottom half of the distribution hold only 2 percent of total wealth. (Families in the bottom quarter have negative net wealth — they’re in debt. Families in the top 1 percent — indeed, the top one-tenth of one percent — have a disproportionate share of the wealth of the top 10 percent.)

Robert Reich, [email protected]

#trickle-down economics

[snarksandkisses]

#usa #us economy #stock market #trickle-down economics #late stage capitalism #stranger things

[forgottenbones]

A Statement of Intent

#jonathan pie #oh look! #trickle-down economics #you've tried it in the eighties and it didn't work then so... #intanto nella perfida albione...

[eaglesnick]

#UK politics #Liz Truss #Kwasi Kwarteng #Tory #Conservative Party #poverty #soupp kitchen #food bank #trickle-down economics

[prettyhighforawhiteguyblog]

Once you realize it, that appointments, deadlines, and even the time on our phones are more what you'd call guidelines and are almost all ignorable, within reason, AND that all of the little inconveniences and frustrations of your day that come from Capitalism...

from all of our technology like s***** voice to text, or interactions with businesses' draconian stupid ass regulations that make no sense, Android's s***** UI, or just getting through traffic is all carefully designed cause as much frustration, anxiety, pain, and miserableness as possible...

Once you accept this truth, it all becomes easier to bear and find creative ways to face and overcome.

Children, if you know that things like that are all working to cause you anxiety and distraction and even to hurt and kill you by making you sick or getting into car accidents or whatever when trying to get your Bluetooth to work in your Toyota while you're driving, and whatever. If you are aware of this, children, if you are aware, you can protect yourself from the powers of the world a little better as well. At least if you are as paranoid as yours truly.

#That includes tumblr's blogging tools from hell #capitalism #late stage capitalism #frustration #struggle #tired #stress #fear #anger #mental #mental health #anxiety #depression #economy #trickle-down economics #the only thing trickling down is shit #ph4wg Original #ph4wg

[tmarshconnors]

"The most terrifying words in the English language are: I'm from the government and I'm here to help."

Ronald Wilson Reagan was an American politician and actor who served as the 40th president of the United States from 1981 to 1989. He previously served as the 33rd governor of California from 1967 to 1975 and as president of the Screen Actors Guild from 1947 to 1952 and from 1959 until 1960. 

Born: 6 February 1911, Tampico, Illinois, United States

Died: 5 June 2004, Bel Air, Los Angeles, California, United States

#Conservatism: Reagan #Cold War #Reaganomics #Tear down this wall #President #Conservatism #Berlin Wall #Hollywood #Republican Party #Star Wars (SDI) #Iran-Contra affair #Legacy #Governor #Great Communicator #Tax cuts #Reagan Revolution #Strategic Defense Initiative #Trickle-down economics #Peace through strength #Economic recovery #Right to work #Anti-communism

[emperornorton47]

Own a liberal by ruining the economy.

#republicans #trickle down economics #democrats #MAGAts #LBJ #lyndon b. johnson

[ladyvaderpixetc]

Jon Stewart, hitting the nail on the head once again.

#gacked from Jessica Chastain's tweet #jon stewart #on the ridiculous lies regarding #trickle down economics #and billionaires hoarding wealth to play with #abolish billionaires #us politics #but also kind of #uk politics #hell it's #world politics #billionaires and privatisation are a global threat

[socialjusticeinamerica]

Hoover was a Republican.

#will rogers #herbert hoover #republican hypocrisy #trickle down economics #great depression

[rickmctumbleface]

#trickle down economics #easter bunny

[nando161mando]

#trickle down economics #piñata economics #fyi #psa #class war #classwar #capitalism #anti capitalist #capitalist hell #capitalist dystopia #capitalist bullshit #eat the rich #eat the fucking rich #fuck the gop #fuck the police #fuck the supreme court #fuck the patriarchy #ausgov #politas #auspol #tasgov #taspol #australia #neoliberal capitalism #fuck neoliberals #anthony albanese #albanese government #antiauthoritarian #antinazi #anti capitalism

[post-futurism]

Tired of seeing North American election politics on my dash and the only thing I'll say about it is that it was a seriously bad move to not have compulsory voting for all citizens. Part of being an adult is making hard decisions and getting to opt out of that by legally not voting is not the gotcha that a lot of people think it is.

#i don't fully understand why third party voting isn't an option that would affect actual political change like it does in aus #and i can only assume it's because the voting system in the usa is so fucked that even though they love trickle down economics #trickle down voting aka preferential voting apparently doesn't work #so whilst in Australia i would absolutely advocate for third party voting bc it does work #if youe gov structure is so entrenched in the right that not voting benefits the right #then you have to vote for the least bad option #and that's your civil duty #we live in a society etc etc

[odinsblog]

Everything wrong with America for the past 40 years can be traced directly back to Ronald Reagan. And I dO mean everything

Everything

Everything

#politics #ronald reagan #reaganism #republicans #conservatism #reaganomics #trickle down economics #living wages #inequality

[liberalsarecool]

Reaganomics was fiction sold as fact. It has failed for over forty years. It's objective failure is proof for Republicans that we need more of it.

Trickle down economics is GOP malware.

#trickle down economics

[theleftycanadianradical]

If tax cuts give you $100 back in your wallet yet it gives the rich, $10,000 back in theirs, you are not $100 richer. Money is relative to wealth. When we give handouts or tax breaks and most of it goes to the rich YOU. GET. POORER. Tax the rich, don't just cut carbon taxes.

#trickle down economics #carbon pricing #carbon tax #wealth inequality #cdnpoli #cdnecon #neoliberalism

[animentality]

#twitter #mario kart #trickle down economics #wealth #the one percent