this post was submitted on 07 Nov 2024
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Leopards Ate My Face

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[–] Gsus4@mander.xyz 6 points 2 weeks ago* (last edited 2 weeks ago) (2 children)

But the "economy" on paper is indeed fine, there is just itty detail that it doesn't trickle down to most voters, who will then seek shelter from these madmen with the other idiot they find selling an even worse alternative...

It's so inflexible that the american system only enables two parties.

[–] Aqarius@lemmy.world 4 points 2 weeks ago

The stock market is fine. It's just often confused for the economy.

[–] veganpizza69@lemmy.world 4 points 2 weeks ago

The trickle down thing was obviously wrong many decades ago. Now it's only said ironically.

Not only do the 'spoils' at the stock market not trickle down, but Trump is probably going to give a huge tax cut to rich people in his first week as president in 2025. The only way it can trickle down realistically is by high taxes on the rich paired with UBI or federal jobs programs, which isn't something that Republicans would do. The Private Public Partnership model also favors the rich as the private company owners and executives take most of the gains while paying terrible wages to everyone else. Hence, "the rich get richer and the poor get poorer".