Post #64494
2025-12-15 01:55 UTC
“New study finds ‘Trickle Down Economics’ has not trickled down in any way over the last 30 40 50 years”
Replies (1)
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@unwarlikeExtortion@lemmy.ml 2025-12-15 08:13
Some economist please corrcxt me if I’m wrong, but: Trickle down may not work. However, trickle up should. If you do say, UBI, people will spend the stuff. And the money will go to the big players. They’ll buy their food at Walmart. Or meds at Target Pharmacy. Or get a loan at JP Morgan. Unlike, say Walmart, who won’t buy their huge private jet collection from the swathes of less-than-well-off people across all of America. So even if UBI made people lazy, even if it made people less productive, the money will still disproportionately end up in the hands of the rich.