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"trickle down theory" seems obviously correct to me. Like, if a person has lots of money, it's stupid to sit on it - they invest it, found businesses, hire people, buy things - all of which are putting money back into lower tiers of the economy to me. Am I missing something big?

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₿itcoin ₿lackburn

Replying to

Yes - approximately 3+ billion people live on the breadline on less than $2 per day, and approximately 20,000 die of starvation/malnutrition every single day. So while it’s true that our technology has improved massively, trickle down economics is proven to be a fraud.

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Replying to

but hasn't percentage of population in poverty decreased, like, a lot? Standard of living has gotten better in recent years for the very bottom line.

9:38 PM · Dec 28, 2019

₿itcoin ₿lackburn

Replying to

Billions of humans still live in the Stone Age and dark ages, when we actually are perfectly capable of ending poverty so the current system that creates enormous suffering is very much not an accident. America is a very insulated bubble that tends to be blind to what’s going on

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