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gab13by13

(30,624 posts) Wed Nov 5, 2025, 11:45 AM Nov 5

The Lie About Trickle Down Economics Had The Curtain Pulled Back

In the 1920's it was called the Horse & Sparrow economy, feed the horse more oats and the sparrows will have plenty to eat.

Reagan changed the name to Trickle Down.

I guess that people weren't aware enough to see that giving the rich and corporations more money wasn't going to be spent on expansions or research and development, it was going into stock buybacks, or in other words, back in their pockets.

What really blows supply side economics out of the water is the movement to AI. Giving corporations and the rich more money is going to go into replacing workers with AI. Wall Street loves AI and the stock market can be booming while unwashed Americans on Main Street will be in lines at soup kitchens.

My dad told me 70 years ago that Republicans are for the rich and Democrats are for the poor. Democrats need to stick with their roots to make sure what my dad told me back then is still true today.

5 replies

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The Lie About Trickle Down Economics Had The Curtain Pulled Back (Original Post) gab13by13 Nov 5 OP

I had heard it referred to as horse shit economics in the 1890s rurallib Nov 5 #1

Robert Reich LessAspin Nov 5 #2

My late Dad used to always say dirty stinking lousy republicans only care about the rich and not the working class kimbutgar Nov 5 #3

Several years ago, a very dear friend of mine (now deceased) told me that artificial intelligence is going to OLDMDDEM Nov 5 #4

Will Rogers talked about "trickle down" in the 1930s! Krazy_Kat Nov 5 #5

rurallib

(64,394 posts)

1. I had heard it referred to as horse shit economics in the 1890s

Reply to gab13by13 (Original post)

Wed Nov 5, 2025, 11:48 AM

Nov 5

same logic. I think the 1890s term captures the reality of such an economic system better.

LessAspin

(1,739 posts)

2. Robert Reich

Reply to gab13by13 (Original post)

Wed Nov 5, 2025, 11:57 AM

Nov 5

📉📉📉

trickle down economics
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— Robert Reich (@rbreich.bsky.social) 2025-11-01T01:31:09.969358Z

Trick and no treat
— TeeKay (@teekayinusa.bsky.social) 2025-11-01T02:12:16.680Z

kimbutgar

(26,471 posts)

3. My late Dad used to always say dirty stinking lousy republicans only care about the rich and not the working class

Reply to gab13by13 (Original post)

Wed Nov 5, 2025, 12:01 PM

Nov 5

He passed in the late 90’s and missed out on how awful the repukes have become even more. He hated Nixon and Reagan vehemently.

When I turned 18 I told him Reagan was an interesting presidential candidate and he lost it and he told me the same things that your Dad told you ! And also he’d disown me if I voted for a Reagan,

OLDMDDEM

(2,910 posts)

4. Several years ago, a very dear friend of mine (now deceased) told me that artificial intelligence is going to

Reply to gab13by13 (Original post)

Wed Nov 5, 2025, 12:02 PM

Nov 5

take over the job market. I aksed him what would those people do without that work? He couldn't answer but did say that it is inevitable that this will happen. I'm very glad I'm happily retired.

Krazy_Kat

(69 posts)

5. Will Rogers talked about "trickle down" in the 1930s!

Reply to gab13by13 (Original post)

Wed Nov 5, 2025, 12:07 PM

Nov 5

“The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow’s hands.”

— Will Rogers

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