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Fine.. > Ahh, the good old trickle-down, aka "piss in my eyes and tell me it's raining" (which is the only way trickle-down actually works). Clearly hyperbole
by bottled_poe 5y ago
Fine..
> Ahh, the good old trickle-down, aka "piss in my eyes and tell me it's raining" (which is the only way trickle-down actually works).
Clearly hyperbole. Where’s the evidence for this broad claim?
> It was pure mythology from the start; there's never been any basis for it to begin with.
Is this not “free market economics” ? Seems there’s a non-mythical basis there.. I could be wrong though if that’s a fictional concept? Would love to be enlightened.
> It's a pity we even have to debunk it like that.
This is opinion/conjecture.
> Go figure, give a million hungry people $20 each, and see $20M return to the economy the next day as they spend it on food.
Appeal to probability, evidence?
> Give a billionaire $20M, see the money go into the fintech machine and pour out into offshore accounts, as the billionaire holds on to whatever financial product they bought forever as long as it appreciates faster than inflation.
Again, speak to probability, evidence?
> Oh, and they'll spend $200 on a fancy dinner.
Is that illegal? What’s the problem here?
> Cue Pikachu face when the economy doesn't improve.
Must I comment on this one?
- romwell 5y ago>> Ahh, the good old trickle-down, aka "piss in my eyes and tell me it's raining" (which is the only way trickle-down actually works). >Clearly hyperbole. Where’s the evidence for this broad claim? Dare I say.... in the fucking article?[1] [1]https://news.ycombinator.com/item?id=29483131 https://news.ycombinator.com/item?id=29483131