The reason trickle down economics always fails isn't that the people at the top are all evil and greedy, it's that the pie doesn't actually grow, it's just the government borrowing from the future to fund the opulence of the upper class. Successes are outweighed by low risk failure and zombie firms that can fail over and over again. A welfare state is the opposite, the government is directly investing in the future by maintaining strong community.
America is spiraling towards another great depression with all the money tied up in these inflated EPS numbers. We have "trillion dollar" companies that routinely blow up on the launch pad (to thunderous applause) and get beaten by no-name Chinese labs.
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The reason trickle down economics always fails isn't that the people at the top are all evil and greedy, it's that the pie doesn't actually grow, it's just the government borrowing from the future to fund the opulence of the upper class. Successes are outweighed by low risk failure and zombie firms that can fail over and over again. A welfare state is the opposite, the government is directly investing in the future by maintaining strong community.
America is spiraling towards another great depression with all the money tied up in these inflated EPS numbers. We have "trillion dollar" companies that routinely blow up on the launch pad (to thunderous applause) and get beaten by no-name Chinese labs.