Trickle down economics
For the past 50 years they’ve tried to give the wealthy some money but no matter how much they gave the rich, only a little trickled down to the poor
So they’ve decided to just turn on the money fire hose and shower the rich with all the money they can get their hands on … it’s a literal avalanche of money and hopefully this will trickle down and get some more money to the poor.
For every million they send to a rich person, ten bucks goes to a street person … so we need to spend billions, trillions of dollars on these rich people in order to get enough money to people in need.
If you got 10 bucks for every million towards billionaires you’d actually be a millionaire. The ratio was more like a cent for every million.
I think they mean $999,990 goes to person A and $10 goes to person B.
If you want to create one (1) millionaire that way you would need to spend $999,000,000,000. Imagine how that would look with 1 cent to every million.
Are the two of you even talking about the same data? Maybe you spread the $10 over 1,000 people to get to that number of $0,01.
Every GOP accusation is an admission. Where is the money going? Waste, Fraud, and Abuse.
With far fewer irs agents, they can’t effectively audit tax cheats.
We are funding the complete destruction of Palestine.
Golf is expensive.
He’s been sued 220 times for the 100 days he has been in office. Lawyers are really expensive. (Well unless you blackmail them.)
My ex is a lawyer, I know stuff I could blackmail her with, nothing bad just personal stuff that you’d not be happy being public. I wouldn’t dare try it, even if I was inclined too.
Blackmail is illegal regardless if what you’re after. At the very least I’d lose my job.
You can’t really blackmail lawyers unless they are actually corrupt. Never mind, they’re his lawyers, of course they are.
Blackmail might be too strong of a word, but he did strongly encourage a law firm to give him free services so their security clearances weren’t revoked. It’s good to be king, I guess.
Tesla sales WAYYYY down… missed earnings on EPS and revenue… somehow the stock goes up?
The entire market goes up at the moment, because there are technical signs that we have reached the bottom. I was telling people to buy a week ago but of course they told me we are going to die and we are heading towards a recession.
I dont think so guys. Big money is buying right now.
Ok. Well, at least look back at this post in a few days and learn something.
You can actually just look at premarket right now, with microsoft and meta looking like 10% gain on market open, and the entire market going up.
I dont know why people dont care about this. Its pretty nice to have money. So learning the basics about this should be essential.
Way too early. We haven’t even begun to see the results of these policies yet. Inflation results don’t yet take tariffs into account, the mass layoffs that are currently happening don’t show up in unemployment stats yet, the massive GDP shrinkage isn’t showing up yet, supply chains that are in the process of crashing haven’t yet affected consumers. This is a dead cat bounce, which literally every single crash in history has, and every time there are people shouting that the pain is over and now is the time to buy back in, right before the bottom drops out.
I got paid at midnight and after paying bills this morning I have about 73 dollars in my account. Which stocks should I buy?
I told my buddies to buy. They did not. I started investing in stocks at 30 march and was 6k euros deep before the crash. Went all in because 2/3rd of the time doing lump sum beats DCA. So during a crash, it’s likely to be a really good choice.
ATM I have 8,47% total profit on 22,3k euros investment in STOXX 600 etf. This thing has 0,07% TER and I do not even pay taxes on the dividends within my own country. Only at the initial source. My country has no capital gains tax and it’s an accumulating ETF.
I’m quite amused by Trump’s shenanigans causing hysteria.
Sadly we are in the minority and people think they should wait until stocks become expensive again, and then buy. I dont know, something is wrong with how people think about stocks.
And there goes the national debt…TO THE MOON 📈📈📈
yeah some of the billionaires money isn’t even real, the government just gives it to them without having it in the first place
any global conflicts currently? nope.
any actual national emergencies currently? nope.
any international catastrophes recently? nope.
republicunt in the white house? yup.
ding. ding. we have a winner. to the fucking moon the debt shall go.