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Yeah, and like all trickle-down theories, it turned out to be complete BS. Those of us who lived through Reagan aren't surprised. It's really a genius example
by rdiddly 9y ago
Yeah, and like all trickle-down theories, it turned out to be complete BS. Those of us who lived through Reagan aren't surprised. It's really a genius example of doublespeak. How do you sell the public and regulators on a plan that takes wealth or benefit from the 99% and gives it to the 1%? You tell them it does the exact opposite of what it actually does. You tell them "Hey man it's all part of the plan! After all, the rich can't give you tons of money" [your money] "unless they have it first, amirite bro? Just sign here and all the riches will be yours!" Then later when the plan "just happens to" result in an upward rush of wealth & benefit, you say "oops it didn't work." Oh, it worked.