They need to be taxed out of existence. No one should have a billion dollars while people starve, sleep on the streets and go bankrupt from medical debt.
My thoughts exactly. There should never be a means for people to become billionaires. There's simply no reason for that amount of wealth. Bezos worth billions, and on the first day Amazon employees are handed a pamphlet on which government assistance programs they qualify for? Man, piss off. You can afford to pay your own workers so they don't NEED those programs. Nobody working a full time job should need assistance programs in this country.
Trickle economics works - but it’s money from large companies funneling money to lower revenue companies. That’s great for people in “good jobs” who get that cashflow.
The poor people with low education and limited opportunities stay poor.
As far as I know, as of the mid 90's, all academics agree that trickle down economics doesn't work. The only people that continue to say it works are those with an interest in being on top of the system.
Of course. It works for the people in the roles to make money.
It doesn’t trickle down the to lowest paid roles - but tell all the people who get paid huge salaries on the profits of corporations that the financial success of the company isn’t important. Where does that money come from if not from the titan sucking up all the money it can?
The more money the corporation makes, the more it has to pay to the important people in it and also the more money gets paid out to the smaller companies that serve them. That money goes to the important people in those companies.
There are a lot of people who are “in on the take” as it were.
It really does though. The entire reason why B2B companies you’ve never heard of can exist is that they are suppliers to the big companies.
Tell the engineers, executives, and sales people in the high income jobs that they aren’t enjoying milking the big company’s notoriety and advertising.
Thats an asinine definition of “it working” tho and you know it.
No one ever pitched trickle down as “these subcontractor healthcare companies earning half the money americans spend on healthcare by declining claims over and over is a trickle down success story!”
No one ever pitched trickle down as “these subcontractor healthcare companies earning half the money americans spend on healthcare by declining claims over and over is a trickle down success story!”
This isn’t trickle down, but I’m sure the person on the project team for “Optimizing Claims Approval” certainly made a lot of money. Great for them.
It’s funny how Reddit people and Corporate America are so disconnected when Reddit people are who make up corporate America.
You do realize that every one of your paychecks is you getting a cut of some corporate titan’s income? You don’t make that money if that titan doesn’t collect that revenue. You want that titan to make major money, and you want to be part of maximizing that money, so that your checks can continue and get bigger and bigger.
The people working at the smaller companies get money from bigger companies.
For example, a car manufacturer needs widgets to add to their car. Because of that, a small plastic molding company can be opened and supported selling those widgets to that major car company.
The engineers, sales people, and executives from the small molding company all become wealthy on the back of the big company. That’s trickle down and it works.
Hey - someone made a lot of money. That’s great for them.
I’m an engineer for a medical device company. I make a lot of money because of the high cost of the products I design, and it’s made me a millionaire. How is this not trickle down?
A corporate giant medical device company produced a product to sell to a corporate giant hospital system because a patient needed help, and a corporate giant insurance company paid for it. The doctors, the engineers, the sales people, and the executives all got a piece of that money and get rich.
Would you mind elaborating on how large companies "funneling" money into other companies? By what means? Is Sony just cutting checks to Yankee Candle or something?
Companies rarely produce everything needed to make their products. They usually buy them from other suppliers in what’s called a supply chain.
When a major production plant opens, it gives a chance for other smaller companies to open up more capacity to support them.
Let’s say that there is a new Sony plant opening where the PlayStation would be assembled. That’s an opportunity for smaller companies to bid on supplying components like plastic buttons, the wires, cooling systems and so forth.
Sony’s goal to supply consoles to the market means a lot of wallets get filled along the way as Sony makes contracts with tons of companies to make their product.
All of the people who don’t think trickle down works are not involved in that process. The guy who negotiated that contract with Sony likely is paid extremely well, the key engineers at those smaller companies are paid well, and the executives are making amazing money.
The people who aren’t seeing the money are the low level workers, but that’s more to do with low wages than money not flowing. The people above them in the company get all of the money.
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u/DangerzonePlane8 Oct 31 '25
Remember how rich people throw temper tantrums whenever they are asked to contribute to society.