For decades, Republicans in Washington have told us that tax cuts would trickle down to workers.
Instead, wealth and power has accumulated in the hands of the top 1% at the expense of the rest of us.
It’s unsustainable.
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Posted by Conscious-Quarter423
7 Comments
Trickle down is fools gold. All you need to know is that yacht owners don’t go bowling. The latter writ broadly is the bedrock of the economy.
What’s ironic to me is that in 1940, you had uber rich people. In 1960 you had uber rich people. In 1980 you still had uber rich people. Whatever the tax codes are, the rich still seem to find a way to stay rich, so why not tax them?
Every quintile in the US has gone up and to the right. Some faster than others but everyone has gone up and to the right.
This always gets framed way too simply tbh
yeah top tax rates dropped, but that alone doesn’t explain everything. globalization, tech, capital markets, all played a role in wealth concentration too
that said, the gap has clearly widened and something’s off. the real question isn’t just taxes, it’s how you design a system that actually benefits broader groups without killing growth
The technology trickles down.
Even scrubs at McDonalds have smart phones, high speed internet and often modern safe and luxurious cars.
Things that are not regulated to shit like electronics, computers, internet, and a ton of household goods. Have deflated massively when you consider how much they have improved.
Shit that the government regulates a lot like housing, education and healthcare. Those have stagnated and down right regressed.
So really the solution is more capitalism, more trickle down, less regulation, and less taxation.
It works. It has always worked.
Trickle down would work in a customer centered economy with a culture without the paradigm of “replacing humans”. Let me elaborate.
After Tiannamen events, there was a non written pact between people and CPP. “Do not complain against the government and we will give you a job”. So far in the era of AI, CCP is delivering: [Chinese Courts Rule Companies Cannot Fire Workers Simply to Replace Them With AI – Caixin Global](https://www.caixinglobal.com/2026-04-30/chinese-courts-rule-companies-cannot-fire-workers-simply-to-replace-them-with-ai-102439602.html) China just cannot afford to “replace humans” because they are full of human capital.
This is the opposite of the west. After WWII USA tried to replace Americans with migrants, MIT developed numeric control technology to deleverage and de-skill expert workers, Reagan actively destroyed the power of unions. And jobs were sent to China to deleverage American workers power.
USA moved from a customer centered economy to a central bank economy. Executives income depend on stock price. In 1980 customer satisfaction led to revenue, revenue led to profit, profit led to higher stock price. But for some time already central banks replaced the market of consumers. Today central bank increases liquidity and stock prices go up.
This is why many Americans are homeless living in their car despite having a job, and the stock market does not feel the effects.
Well not a single thing a republican says is truthful or accurate, so that tracks