453
People get out of poverty faster with a guaranteed livable income says Ontario senator
(www.aptnnews.ca)
this post was submitted on 20 Oct 2023
453 points (98.7% liked)
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Isn't that what 'trickle down economics' was supposed to be? Give tons and tons of money to the richest people and eventually some of all that money will eventually trickle down to the poor people at the bottom? Wasn't the problem that there was never enough money to make this system work?
According to conservatives, the problem with trickle down economics is not that the idea failed ... it was always a lack of money.
How freaking stupid does the most highly educated people in our government have to be to think that giving money to rich and not giving it to the poor makes sense?
Either they are completely inept and ignorant ... or they are complicit and understand that coddling the rich gives everyone in power a kickback to maintain the status quo.
There was enough money, there was always enough money. There was always too much greed.
โPoverty exists not because we cannot feed the poor, but because we cannot satisfy the rich.โ
Give a company a million dollars to increase production and they will use it to buy back their stock because why would they increase production if there's no one at the bottom to pay for it and increase demand?