• disguy_ovahea@lemmy.world
    link
    fedilink
    arrow-up
    5
    ·
    12 days ago

    True. It would need to implemented alongside economic reform.

    Trickle-down was an experiment. It was proven to be a failure based on the current wealth inequality. Now we just simply need to redistribute and try something else.

    • Flocklesscrow@lemm.ee
      link
      fedilink
      English
      arrow-up
      10
      ·
      edit-2
      11 days ago

      False.

      Trickle down was a REBRAND. It used to be called “Horse and Sparrow economics.”

      The literal idea being that horses get to eat whole grains, and sparrows peck their meals from horseshit.

      • disguy_ovahea@lemmy.world
        link
        fedilink
        arrow-up
        8
        ·
        edit-2
        11 days ago

        It’s true that Reagan’s Trickle-Down was a revival of Harding’s Horse & Sparrow, but that doesn’t affect my point.

        We’ve proven it doesn’t work. The correct solution is to redistribute and try a different method to check capitalism.

        • Flocklesscrow@lemm.ee
          link
          fedilink
          English
          arrow-up
          6
          ·
          12 days ago

          Oh for sure. I wasn’t advocating for it!

          But it does change the point in your messaging. To call it “an experiment” gives it a quality of transience, whereas establishing the actual history of the methodology allows people to understand the scope and magnitude of how long and deeply the masses have been bamboozled.

          • disguy_ovahea@lemmy.world
            link
            fedilink
            arrow-up
            5
            ·
            12 days ago

            That’s fair.

            Regardless, Trump’s solution of bringing back Reagan’s first economic plan, Voodoo Economics, will drive inequality even faster than Trickle-Down.