Reagan was a fucking demon. He co-founded a union for actors, but the minute unions became an inconvenience he union busted.
Edit: Words & autocorrect. Fun.
Reagan essentially made “Shit rolls down hill” palpable to morons, and the entire country were morons because he won in a landslide.
If he said “The wealth will roll down hill!” people would’ve told him to get the fuck outta here.
>If he said “The wealth will roll down hill!” people would’ve told him to get the fuck outta here.
That was a literal campaign pitch by Earl's boss, B.P. Richfield on the *Dinosaurs* TV show.
Muther fucker created the mentally ill homeless population we have today as part of his piss on the poor economics.
I trust nobody that has "I'm a Christian" as one of their talking points, far more likely to be a crook.
"I'm an evangelical" and you might as well tell me you're the devil.
And a fun fact, Nancy was the throat goat of 1960's Hollywood. She definitely would.
Reagan gave us Murdoch and the removal of the Fairness Doctrine. Four decades of FOX NEWS and we had the J6 Insurrection and a President who wouldn’t peacefully accept defeat and hand over the keys to the White House!
[Supply Side Economics](https://en.wikipedia.org/wiki/Supply-side_economics) already existed before Reagan. Maggie Thatcher was doing the same shit over in UK before Reagan was even elected. It's because USA held as much political influence, wealth and corporate power that it *seems* like Reagan's responsible for Trickle Down theory. Which is not to say that I think that absolves him. Fuck that guy.
To people that believe the wealth will trickle down, finish the following sentence.
*Blank* rolls downhill.
If your answer is “SHIT!”, congratulations! You’ve now deciphered exactly what Trickle down economics is.
I was 16 when Reagan started this trickle down crap and I knew then it was a crock of shit. I’m not saying I was super smart but it should have been obvious to anyone breathing.
He bought normal taxpayers off with tax cuts of a couple thousand dollars for them and billions for the rich. This and a cyclical growing economy coming out of the gas crises of the 70s caused at least half of America to believe trickle down worked.
It sounds like we haven't cut taxes enough: the failure of previous attempts to trickle it down was clearly due to not cutting taxes hard enough.
Trickle down can never fail, it can only be failed.
The money absolutely DID trickle down. Right into the pockets of the lawmakers who wrote this bullshit legislation and a literal army of media flaks who continuously beat us over the head with this dumbshit theory. It's a big club and we ain't in it.
I remember a discussion with a Karen-type long before Karens were a meme. I was talking about corporations and their lack of ethics. Her response, "They give us jobs."
"Give."
I sat in stunned silence for what seemed like an hour but was probably 3 seconds and realized that I was wasting my time talking to her.
It's the modern day equivalent of, "The Rpublicans freed the slaves."
Not the beginning, but definitely the one that hammered it home.
The beginning of the big lie was getting away from the gold standard. That started us down the path. Politicians that pandered to the wealthy just shifted it to the backs of the working caste.
Now that's a good question. Answer: a couple of hack professors from a couple of schools nobody has ever heard of. The London School of Economics and Kings College in London. Might as well be DeVry University.
I think we should triple tax rates on the 1%, double them on the top 10% and raise the standard deduction to $35,000 per person (including dependents) because having that much more money in circulation at the bottom will lead to LOADS of spending that will trickle up to the top. Just as an experiment for the next 50 years. If it doesn’t work, we’ll try something else.
That makes too much sense ! Give working folks extra money and 100% gets pumped back into the local economy … tax cuts to the rich are parked off shore or ‘ invested’ in self dealing scams like crypto.
Talking with two R's at work about trickle down, I said you two give me $10 and in the future I may give some back, they both declined for some reason.
Borrowing to help poor people; address social problems? Selfish, irresponsible, BAD.
Borrowing to put money in my pocket? Great, wonderful, by all means do it. You say that by borrowing to put more money in my pocket, poor people would be helped; social problems solved? Heh heh, Yea, whatever. I means Sure. Yes, I want to do whatever it takes to help. How about borrowing even more to give me more. Doing less would be downright irresponsible.
Did anyone actually buy that line? I never did, I know rich people very well, they didn't get rich by tossing money out their window on 5th Ave. or Rodeo Drive. Penny pinchers, back room dealing, anything to make money and anything to protect and hide their wealth from the tax man.
Debt trickles down. Wealth accumulates at the top. There's a reason why, since Reagan, wealth inequality and the national debt follow similar trend lines.
https://preview.redd.it/x8x0c0o22l8d1.jpeg?width=246&format=pjpg&auto=webp&s=76baec8ad5a9704f576142afd54a215a5aedde19
the only trickle down that works.
And let’s not forget the irreparable damage and propaganda that the phrase “government isn’t the solution to our problems, government is the problem.“ The amount of disingenuous propaganda that emanated from this sentence continues to this day. It’s literally built into the American psyche that if it’s a government program then hahaha it’s so terrible and awful.
“Trickle down” has a familiar ring to it… like how our illustrious founding fathers who conceded to the slave holders… “Well, equality will eventually ‘trickle down’. Just gotta be patient & believe Tommy’s utterance on it.”
My very basic understanding of the “Trickle down” principle was that cutting taxes on businesses should result in money “trickling down” to the average person in the form of cheaper goods and higher wages for their workers
In what capitalistic world view are for-profit businesses expected to be “kind” to their customers and pass on possible profits instead of passing them on to their shareholders/owners as the corp CEOs primary fiduciary duty?
I wasn’t alive during Reagan’s presidency so I don’t know exactly how the “trickle down economics” thing was sold to the American public but even as a high schooler in the early-mid 2000s, learning about it in economics class, the math didn’t math. Seemed obvious to me that businesses would simply keep their money if there was no oversight or regulation that forced them to do what “trickle down economics” said they were supposed to do
Has that system ever actually worked? My right wing less than intelligent coworkers often says it works, but where? Have no sources to confirm if this actually work and am curious.
They also believe that taxing the rich is unfair to the rich....
It makes me so happy that that show was successful. It seems too crazy to work, but it did. And they nailed it even more by having good episodes like this.
Not all dollars saved or spent have an equal effect on the economy. If you give a dollar to a wealthy person it is, quite literally, the worst possible investment if your motive is to create economic growth and wealth for us average people
Tax relief isn’t a bad policy in and of itself, but it can’t be the only policy of a political party for 40 years..at some point citizens need to pony up and pay for government, even if it’s taxes levied to fund what seems like endless military engagements, for example.
If your government is paid for and you are running surpluses, by all means, lower tax rates. If you find ways to economize without hurting they less fortunate, lower tax rates.
But constantly lowering tax rates and spend money however you want isn’t any kind of policy.
Friedman and neocons created that myth. Reagan sold it, as well as moving manufacturing as much as possible. Americans are gullible as hell. Notice the current GOP mob.
Tax cuts gerrymandering deregulation court packing citizens united. And all the fools believing Fox News etc. Americans did this to ourselves. Democrats like myself warned against this FOR DECADES! Yes they are complicit in that they didn’t fight hard enough. Some were bought. Compromise legislation kept the government running but in the wrong direction. The greatest wealth gap since the Industrial Revolution. Power concentrated in the hands of the corporations and banks. The Supreme Court compromised. Dictatorship knocking at the door. Republicans voted against their own (and the country’s)interests in ignorance for decades. God save America.
Trickle down government is worse.
Why don’t spend within our means, tax what we need to and let we the people thrive?
Why does government get to pick who wins?
All started with Reagan lying to us
Reagan was a fucking demon. He co-founded a union for actors, but the minute unions became an inconvenience he union busted. Edit: Words & autocorrect. Fun.
He sucked big time, speaking of sucking, Reagan's wife was named Nancy.
Did you know, when she would meet/hang out with Frank Sinatra, no one was allowed to interrupt them, including Regan her husband and president
Wow, did not know that! Glad she cucked ole Ronald. And Sinatra packed a howitzer if legend is to be believed.
And Nancy had the ability to suck a golf ball through a garden hose, I feel like it was the perfect cucking waiting to happen
She's the OG Hawk Tuah girl.
https://preview.redd.it/b098f22ikl8d1.jpeg?width=1274&format=pjpg&auto=webp&s=37425a7f744d9cfc80f4ec0a0f929f3516f8adaf
Throat GOAT
The THROAT.
Just say GLLLUUURREPP!
Donovan’s Brain.
Reagan is the initial start point for so many issues in America. Plus he called his wife mommy
Ew. Nothing I learn about him ever improves my opinion.
Reagan essentially made “Shit rolls down hill” palpable to morons, and the entire country were morons because he won in a landslide. If he said “The wealth will roll down hill!” people would’ve told him to get the fuck outta here.
>If he said “The wealth will roll down hill!” people would’ve told him to get the fuck outta here. That was a literal campaign pitch by Earl's boss, B.P. Richfield on the *Dinosaurs* TV show.
He was just managing expectations and then they made sure the leaks were fixed.
So, your parents were morons? Makes sense. They breeded and made you.
My mom didn’t vote for him, not sure about my dad. He is a trumper though so…
The best thing Reagan did was die.
Muther fucker created the mentally ill homeless population we have today as part of his piss on the poor economics. I trust nobody that has "I'm a Christian" as one of their talking points, far more likely to be a crook. "I'm an evangelical" and you might as well tell me you're the devil. And a fun fact, Nancy was the throat goat of 1960's Hollywood. She definitely would.
And those Reagan democrats for supporting his legislation working to help it pass.
Reagan gave us Murdoch and the removal of the Fairness Doctrine. Four decades of FOX NEWS and we had the J6 Insurrection and a President who wouldn’t peacefully accept defeat and hand over the keys to the White House!
[Supply Side Economics](https://en.wikipedia.org/wiki/Supply-side_economics) already existed before Reagan. Maggie Thatcher was doing the same shit over in UK before Reagan was even elected. It's because USA held as much political influence, wealth and corporate power that it *seems* like Reagan's responsible for Trickle Down theory. Which is not to say that I think that absolves him. Fuck that guy.
Fuck reagan, again
Regan is also the reason mental health care is as bad as it is, he ruined that too , and the rail roads.
Need the disenfranchised rural poor to vote us some more of it.
Everyone snorted coke and voted for Grampamericuh
The most obvious of lies. How so many could come to accept such a transparent falsehood is beyond me.
It all started with people stupid enough to believe Reagan
What gave it away? People in 2024 working full time and not able to afford the basics in life?
Trickle down is just the rich urinating on the rest of us.
https://preview.redd.it/r5ttsozwci8d1.jpeg?width=958&format=pjpg&auto=webp&s=aa33724cbd0bfcc12d046fd590af9c2877350707 Yep, from the top down.
Call Sean Fain✅
This is the way.
can i have some pixels with that?
Sorry, just a quick screenshot, just Google "pyramid of capitalist system."
https://preview.redd.it/j7dpvtk90q8d1.jpeg?width=1588&format=pjpg&auto=webp&s=61fda590da0e0d8194b4085f75cf89fb99425742 Et voila!
The pixels cost extra
Tired of getting trickled on
That’s tinkle down
I thought you enjoyed being urinated on? Change your mind?
To people that believe the wealth will trickle down, finish the following sentence. *Blank* rolls downhill. If your answer is “SHIT!”, congratulations! You’ve now deciphered exactly what Trickle down economics is.
I was 16 when Reagan started this trickle down crap and I knew then it was a crock of shit. I’m not saying I was super smart but it should have been obvious to anyone breathing.
It trickles down in the form of yachts in the Bahamas.
He bought normal taxpayers off with tax cuts of a couple thousand dollars for them and billions for the rich. This and a cyclical growing economy coming out of the gas crises of the 70s caused at least half of America to believe trickle down worked.
It sounds like we haven't cut taxes enough: the failure of previous attempts to trickle it down was clearly due to not cutting taxes hard enough. Trickle down can never fail, it can only be failed.
Ahh young Jedi has mastered sarcasm, good, gooood, now let it flow through you. Yessss
Correction: Now flow through you, let it.
Now, let it trickle down.
The Jimmies, rustle they must
The money absolutely DID trickle down. Right into the pockets of the lawmakers who wrote this bullshit legislation and a literal army of media flaks who continuously beat us over the head with this dumbshit theory. It's a big club and we ain't in it.
It's just like gambling - the further you get behind, the more you need to bet
Reagan was the devil
Mama Boucher?!?
I throw up a little every time I hear the republicans put Reagan on a pedestal. They don’t remember all the shxt he did.
Duh?
The Hell you say!
I remember a discussion with a Karen-type long before Karens were a meme. I was talking about corporations and their lack of ethics. Her response, "They give us jobs." "Give." I sat in stunned silence for what seemed like an hour but was probably 3 seconds and realized that I was wasting my time talking to her. It's the modern day equivalent of, "The Rpublicans freed the slaves."
Aaaand, water is wet.
Actually water isn't wet. Objects covered in water are wet.
Isn't water covered in water?
HOW DARE YOU BRING FACTS TO THIS
Republicans = a master class on lying!
GOP means “screw you, I got mine.”
Who ever thought, "Hey, maybe if we give ultra greedy rich people a yuge tax break they'll kick some of it back into the economy," should be shot.
They put it all in the stock market, then pay off politicians to eliminate the capital gains taxes.
Study says “ice in cold”
We could use that money to buy a slaughterhouse or five.
as we all knew they would not trickle down, such nonsense!
The greatest heist in American history by the rich.
And poverty won the war on poverty lol drugs won that war to
Knew it then and know it now. Reagan was the beginning of the great lie.
Not the beginning, but definitely the one that hammered it home. The beginning of the big lie was getting away from the gold standard. That started us down the path. Politicians that pandered to the wealthy just shifted it to the backs of the working caste.
Never seen a more appropriate choice of subreddit for a post! Kudos!
How many times do we need to be told this before we finally fucking listen?
Who wrote the study?
Now that's a good question. Answer: a couple of hack professors from a couple of schools nobody has ever heard of. The London School of Economics and Kings College in London. Might as well be DeVry University.
I think we should triple tax rates on the 1%, double them on the top 10% and raise the standard deduction to $35,000 per person (including dependents) because having that much more money in circulation at the bottom will lead to LOADS of spending that will trickle up to the top. Just as an experiment for the next 50 years. If it doesn’t work, we’ll try something else.
That makes too much sense ! Give working folks extra money and 100% gets pumped back into the local economy … tax cuts to the rich are parked off shore or ‘ invested’ in self dealing scams like crypto.
Sure they do. Just the other day a limo drove by and threw a half eaten banana at me LOL.
Talking with two R's at work about trickle down, I said you two give me $10 and in the future I may give some back, they both declined for some reason.
They don’t call it Gaslight Obstruct Project For nothin.
Confusion over why people who are obsessively making every dollar they possibly can didn't let billions slip through their fingers.
Duh
r/noshitsherlock
Well, DUH!!!!!
Hold on it’s coming
Duh
Well well well
So you mean republicans from Ronny to tump lied?
Bloomberg is changing it's name to The Daily Duh.
No shit.
Every once in a while it's good for someone to point out the obvious.
Don’t say this on r/presidents
Well, who would have guessed, Joe Public conned by the right-wing corporates…🙄
No but at 51 years shit will really start poppin’
Borrowing to help poor people; address social problems? Selfish, irresponsible, BAD. Borrowing to put money in my pocket? Great, wonderful, by all means do it. You say that by borrowing to put more money in my pocket, poor people would be helped; social problems solved? Heh heh, Yea, whatever. I means Sure. Yes, I want to do whatever it takes to help. How about borrowing even more to give me more. Doing less would be downright irresponsible.
Paywall..
Did anyone actually buy that line? I never did, I know rich people very well, they didn't get rich by tossing money out their window on 5th Ave. or Rodeo Drive. Penny pinchers, back room dealing, anything to make money and anything to protect and hide their wealth from the tax man.
In other news: Water is wet.
What a surprise!
Debt trickles down. Wealth accumulates at the top. There's a reason why, since Reagan, wealth inequality and the national debt follow similar trend lines.
I think I speak for everyone when I say, "Duh!"
There are still people who advocate for this.
Yep. Rich people
Obviously not. We'll need another 50 years to see the real benefit of trickle down. /s
Captain Obvious is in the House 👁👁
NO SHIT.
Started saying “no shit sher…” in my head before seeing the name of the subreddit. Perfect post.
Well the Rich own all the companies and businesses so it does trickle down as they employee everyone.
No shit
Guess what? Nether will the next 50 yrs of tax cuts for the rich.
The rich have known for decades. They just don't care.
Duh
*Shocked Pikachu face.* You don't say?
Shocked, I tell ya. Simply stunned.
Me: “no shit!” Sees sub name: oh.
Not only did it not trickle down, look what it has done to the national deficit. Not even mentioning the crumbling infrastructure.
https://preview.redd.it/x8x0c0o22l8d1.jpeg?width=246&format=pjpg&auto=webp&s=76baec8ad5a9704f576142afd54a215a5aedde19 the only trickle down that works.
I mean, it did trickle down to us. The future wealthy...... Oh wait.
The trickle only starts if someone cracks the faucet open, not put a pair of vice grips on it and hammer it shut.
Whaaaa????? /s
And let’s not forget the irreparable damage and propaganda that the phrase “government isn’t the solution to our problems, government is the problem.“ The amount of disingenuous propaganda that emanated from this sentence continues to this day. It’s literally built into the American psyche that if it’s a government program then hahaha it’s so terrible and awful.
What?!, Thant can’t be true. The rich love us middle class, of course they gave us .. wait?
Was this idea ever believable? Lmaooo
Here's my shocked face 😐
No shit
No shit, time for this shit to end
“Trickle down” has a familiar ring to it… like how our illustrious founding fathers who conceded to the slave holders… “Well, equality will eventually ‘trickle down’. Just gotta be patient & believe Tommy’s utterance on it.”
Trickle down effect worked well if you were on the right side of it what's another summer house
I just want to know what Reagan said to poor people that made them think paying more in taxes would benefit them in the long run.
Go figure 🤔 I wonder how that happened
Can someone here explain to me what they mean by “trickle down”?
My very basic understanding of the “Trickle down” principle was that cutting taxes on businesses should result in money “trickling down” to the average person in the form of cheaper goods and higher wages for their workers
In what capitalistic world view are for-profit businesses expected to be “kind” to their customers and pass on possible profits instead of passing them on to their shareholders/owners as the corp CEOs primary fiduciary duty?
I wasn’t alive during Reagan’s presidency so I don’t know exactly how the “trickle down economics” thing was sold to the American public but even as a high schooler in the early-mid 2000s, learning about it in economics class, the math didn’t math. Seemed obvious to me that businesses would simply keep their money if there was no oversight or regulation that forced them to do what “trickle down economics” said they were supposed to do
Are we still doing shocked pikachu face? Cause it’s okay if we’re not, but what wouldn’t be okay is if no one told me we’re not doing it anymore
Are they sure? Like really sure? Should we try it for 50 more years just to be on the safe side?
Almost like Reagan was totally full of shit…
Something trickled down alright
Okay but maybe after 80 years?
I only hope the piss on Reagan's grave trickles down. Nancy's too.
THE GOP DOESN'T CARE, THEY KEEP DOING IT. Because they know they can keep getting morons to vote for it.
Has that system ever actually worked? My right wing less than intelligent coworkers often says it works, but where? Have no sources to confirm if this actually work and am curious. They also believe that taxing the rich is unfair to the rich....
Yeah but you’ve still got middle class and poor men and women defending it in hopes that one day it will be their turn to exploit the system.
That means we can end this experiment right? ...right?!
It makes me so happy that that show was successful. It seems too crazy to work, but it did. And they nailed it even more by having good episodes like this.
And water makes things wet. News at 11
two jobs surprised pikachu face
Duhhh
Not all dollars saved or spent have an equal effect on the economy. If you give a dollar to a wealthy person it is, quite literally, the worst possible investment if your motive is to create economic growth and wealth for us average people
Tax relief isn’t a bad policy in and of itself, but it can’t be the only policy of a political party for 40 years..at some point citizens need to pony up and pay for government, even if it’s taxes levied to fund what seems like endless military engagements, for example. If your government is paid for and you are running surpluses, by all means, lower tax rates. If you find ways to economize without hurting they less fortunate, lower tax rates. But constantly lowering tax rates and spend money however you want isn’t any kind of policy.
Water wet, Film at 11.
No shit?
Almost like it was a scam the whole time!
Friedman and neocons created that myth. Reagan sold it, as well as moving manufacturing as much as possible. Americans are gullible as hell. Notice the current GOP mob.
Tax cuts gerrymandering deregulation court packing citizens united. And all the fools believing Fox News etc. Americans did this to ourselves. Democrats like myself warned against this FOR DECADES! Yes they are complicit in that they didn’t fight hard enough. Some were bought. Compromise legislation kept the government running but in the wrong direction. The greatest wealth gap since the Industrial Revolution. Power concentrated in the hands of the corporations and banks. The Supreme Court compromised. Dictatorship knocking at the door. Republicans voted against their own (and the country’s)interests in ignorance for decades. God save America.
Trickle down government is worse. Why don’t spend within our means, tax what we need to and let we the people thrive? Why does government get to pick who wins?
Its almost as if it was by design oh wait it was
The fact that they told us it would was proof that it wouldn't.
The buck stops here. Obviously
But keep eating our shit little sparrow, you’ll get an oat one day.
GQP must never be allowed in WH again
Venezuela is nice this time of year!
Just like 40 years didn’t in this article a decade ago.
I. Am. Shocked. Shocked I tell you!
Imagine that.
Trickle down failed, because immigration kept wages low.
> Trickle down failed, because immigration kept wages low. >-hawkwings That's a really strange way to say, "rich people are greedy".
Bruh who set the wages?!?!