Re: Dow tumbles more than 700 points

On Sun, 23 Feb 2025, JAB wrote:

On Sun, 23 Feb 2025 22:29:14 +0100, D <nospam@example.net> wrote:
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Trickle down economics

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London School of Economics and Political Science
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Tax cuts for the wealthy only benefit the rich: debunking trickle-down
economics
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History suggests that policies relying on "trickle-down economics" are
destined to fail, and yet the idea, for some, still persists.
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https://www.lse.ac.uk/research/research-for-the-world/economics/tax-cuts-for-the-wealthy-only-benefit-the-rich-debunking-trickle-down-economics

Incorrect. It has been proven, or else wealth from capitalism would not have procued the healthiest and most well off civilization on history. If tricke down did not exist, that wealth would now be concentrated in a few trillionaires. I cannot believe people who cannot see that trickle down works, and has always worked as long as capitalism has existed.
The mistake you all do, is to look at too short time. Zoom out and look at decades or 100s of years, and you'll see the trickle down.
Another proof... do you live at a materially higher standard than your great-granparents at your age?
Why? Trickle down.