• gastroglizzy@piefed.social
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    3 days ago

    And we’ve known it for nearly a century. Before it was called “trickle-down economics” it was called the “horse and sparrow theory”; if you feed the horses more oats, more will spill out for the sparrows to eat.

    Problem is, everyone already knew “horse and sparrow theory” was complete bullshit, so they needed a new name, and “trickle-down economics” was the one they chose.

    People are falling for the same trick by a different name.

    • foodandart@lemmy.zip
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      3 days ago

      Yup. To the point it was utter bullshit, when George Bush Sr. (remember him?) was running against Reagan in 1979, he called the “trickle-down” theory “voo-doo economics”… and he was right. Once it became obvious he wasn’t going to get the nod for President, he was tapped by Reagan who chose him as his running mate, to get him to shut up about it and the rest is history.

      I’ve been saying for decades, we’re now in the deep voo-doo doo-doo.

    • Nobody@anarchist.nexus
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      3 days ago

      That’s the thing about stealth class warfare being waged by the parasite class against the people. It’s been going on throughout most of history.

      The rare glimpses where workers see through it and act create opportunities for lasting prosperity.