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submitted 1 year ago by RandAlThor@lemmy.ca to c/canada@lemmy.ca
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[-] floofloof@lemmy.ca 100 points 1 year ago

The wealth was never meant to trickle down. That was just a line to keep the proles subservient and waiting.

[-] girlfreddy@mastodon.social 22 points 1 year ago

@floofloof @RandAlThor

Yup. Reagan and Thatcher just did what their rich friends wanted them to do, and fucked us and the earth for a long time.

[-] BestBouclettes@jlai.lu 4 points 1 year ago

Macron is doing that to France right now. It's not gonna be pretty.

[-] EhForumUser@lemmy.ca 17 points 1 year ago* (last edited 1 year ago)

That was just a line to keep the proles subservient and waiting.

Huh? The trickle down line comes from comedian Will Rogers who was making a joke about how President Hoover, who was an engineer, was accustomed to water trickling down, but that he didn't realize money trickles up.

It was a line to serve the exact opposite โ€“ to tell the 'proles' that the economic plan was fundamentally flawed.

[-] teuast@lemmy.ca 28 points 1 year ago

yeah, but it was repurposed for that. "pulling yourself up by your bootstraps" also has its origins in a saying referring to something that is impossible, but was later repurposed into having the opposite connotation for most people.

[-] jonne@infosec.pub 16 points 1 year ago

Also when conservatives quote MLK about 'judging people by the content of their character', and nothing else.

[-] floofloof@lemmy.ca 12 points 1 year ago

Thanks. I learned something. I grew up hearing it discussed seriously in the 1980s, by which time I'm not sure everyone remembered the critical origin you identify. As I remember it, during the Reagan/Thatcher years many people treated the matter of whether and how the wealth would trickle down as a real live question.

this post was submitted on 30 Aug 2023
482 points (97.3% liked)

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