What’s outrageous is that this is being treated as news, when it’s not new, e.g. (from 2021) https://www.thebalancemoney.com/trickle-down-economics-theory-effect-does-it-work-3305572

We’ve known this that since at least 2001, if not earlier, https://www.capitalismmagazine.com/2001/09/the-trickle-down-economics-straw-man/

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1 point

My understanding this was known in the economics circles in 1980s too but people were able to make careers shilling the lie since owner class favor them.

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Good grief, that means this lie has been successfully peddled for nearly half a century.

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5 points

One year of printing new dollars and forcibly closing small businesses has failed to make things cheaper, new study shows.

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1 point

It’s kind of about time we blow this bladder apart.

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1 point

No!!! Say it ain’t so!!!

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6 points

In the same way that a Ponzi scheme failed to pay its bagholders. It’s by design.

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