4 ms·

It's basically trickle-down/voodoo economics. "the best way to end poverty is for me personally to be rich"

• wpietri 9y ago
  And historically there's a lot of evidence this can work. But not if gains are concentrated in the hands of the already rich. Which had been the case in America for decades.
  • ivanbakel 9y ago
    That seems a bit of a truism, though - if wealth gains go to the poor, naturally they will become wealthier. Trickle-down economics imagines exactly that if the wealthy get the pie, they'll dole it out.
• conanbatt 9y ago
  We could debate the point of trickle-down, but the rich are not creating the poor. Something else is. SF has spent 330 million dollars to tend to their 15k homeless people. 22k a year. I dont know about you but I dont see them living 22k a year lives. And I see syringes, severely sick and mentally ill people walking the streets everyday.