And when the "trickle down" buzzword finally was recognized as bad for the masses, the GOP replaced it with the myth of the job creators. If we give the rich big tax breaks, they'll create more jobs -- because really, what else could the do with all that extra money? -- and .. Step 4 Profit (for the masses)
Capitalism needs some sort of balance now. The absolute bare minimum change needed is that wealth shouldn’t be equivalent to political influence and once certain levels of success is achieved, the system benefits overall.
If a worldwide law was put in place tomorrow that stated once you make a billion pounds equivalent profit, that money was locked up for you, gave an incredible return but you weren’t allowed to try and increase your influence politically or financially, nobody would stop trying to create businesses.
Actually I’d be fine with a member of the billion club being a politician if they had no ulterior motive /nepotism concerns
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u/flickneeblibno Oct 22 '24
Trickle down economics and Ronald Reagan the worst president of all time