Gregory's Serverthey called it trickle-down economics because 'financial waterboarding' didn't poll well with focus groups
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 @davidpmaurer @Daojoan I must admit, whenever someone mentions trickle down, a visual of the old โrain is just god having a weeโ joke does flash through my mind ;)  As I always say, trickle-down is perfectly correct... once you flip the pyramid so it points down.   @TyrionTargaryen @Daojoan it is trickle down, not pouring down. It is a drop here and a drop there, no more. @Daojoan they call it the american dream because you'd have to be asleep to believe it.
"Voodoo economics" tested great in Republican focus groups until it turned out it was George Bush the Elder who used it. Jimmy Carter nixed its used in his campaign because it seemed racist and he felt guilty about what Paul Volcker was doing, but couldn't do anything about it. "Trickle-down" seemed at the time like an almost ecological framing of the issue.  Why plutocrat creeps (like Mitt Romney) @Daojoan When there is a trickle down, it usually means the toilet upstairs is overflowing. (Yes, even if it's in a church and it's coming out of one of the statues. That's NOT holy water!) @Daojoan I recommend this little missive https://hartmannreport.com/p/dear-republicans-we-tried-your-way  @Daojoan the problem is that it in theory should work...but in practice it doesnt because the people at the top are like drug addicts and wont share...but say they do  @noortjevee @Daojoan I worked for a boss at a start-up. (When I joined the marketing "team" of two people, self-included, the company as a whole had eight employees.) The boss mismanaged things and overpromised what could be delivered. This was nearly a death knell for the company and the technical staff did superhuman efforts to get the stuff which hadn't been delivered finally out the door. Superhuman like 120-hour work weeks for a month and 90-hour work weeks for two more months. ๐งต (1/2) @noortjevee @Daojoan After three months of health (both mental and physical) damaging workloads the company was saved and shortly after that the boss sold the company off, becoming a multi-millionaire overnight. He remembered the people who saved his ass, though. He gave out bonuses to the techies for their efforts. The highest bonus was $30,000 of about $80,000 in total distributed around five people. He got eight figures. He gave out low five-figure bonuses thinking it was fair. ๐งต (2/2) @Daojoan That's unfair. Trickle-down works fine. Just don't ask what's trickling. |
@Daojoan
'piss on the poor' also polled poorly.