this post was submitted on 30 Aug 2023
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[–] [email protected] 97 points 1 year ago (2 children)

The wealth was never meant to trickle down. That was just a line to keep the proles subservient and waiting.

[–] [email protected] 21 points 1 year ago (1 children)

@floofloof @RandAlThor

Yup. Reagan and Thatcher just did what their rich friends wanted them to do, and fucked us and the earth for a long time.

[–] [email protected] 4 points 1 year ago

Macron is doing that to France right now. It's not gonna be pretty.

[–] [email protected] 14 points 1 year ago* (last edited 1 year ago) (2 children)

That was just a line to keep the proles subservient and waiting.

Huh? The trickle down line comes from comedian Will Rogers who was making a joke about how President Hoover, who was an engineer, was accustomed to water trickling down, but that he didn't realize money trickles up.

It was a line to serve the exact opposite – to tell the 'proles' that the economic plan was fundamentally flawed.

[–] [email protected] 27 points 1 year ago (1 children)

yeah, but it was repurposed for that. "pulling yourself up by your bootstraps" also has its origins in a saying referring to something that is impossible, but was later repurposed into having the opposite connotation for most people.

[–] [email protected] 14 points 1 year ago

Also when conservatives quote MLK about 'judging people by the content of their character', and nothing else.

[–] [email protected] 11 points 1 year ago

Thanks. I learned something. I grew up hearing it discussed seriously in the 1980s, by which time I'm not sure everyone remembered the critical origin you identify. As I remember it, during the Reagan/Thatcher years many people treated the matter of whether and how the wealth would trickle down as a real live question.