Wow, who knew he'd get richer after using an illegitimate department of the government created specifically for him to destroy the investigations into his companies and remove competing contracts for his business?
And all he had to do was cook some voting books to get Trump elected in order to be given this power.
In 1967, one Union job was enough to support a family of four with a house, a car, and money to send the kids to college. At that time, $1 million was considered a vast fortune. GOP Richard Nixon was elected in 1968.
By 1993, 'middle class' meant two incomes to support a family. $1 million was what a rich guy paid for a party.
The US had five terms of GOP Presidents and one term of Dem in those years.
Canada, Australia, most of the EU (some were never able to support a family with a single income to begin with, so those don't count), UK (they had Tacher tho so I will say they had a "Nixon")
But that would be communism, and communism killed millions, so we have to have fascism, which also killed millions, bit this time pikie promise it won't, it'll just remove certain ideologies from society.
Give the poorest 250 million people in the USA 2000 dollars each. Elon definitely acquired all that money through his intelligence and hard work, so he'll have no problems replacing it.
Trickle down works, you just have to remember that those with the money are like piñatas. You have to hit them very hard woth a stick and the economics will fall out of them.
And the crash this time will be due to AI datacenter shenanigans - billions being promised in new infrastructure to build massive money drains because AI is not and will not be profitable. Nvidia is laughing
We need to reject that propagandised name, and start calling it by its original name- horse and sparrow economics. As is the horse eats the seeds, and the sparrows pick through its shit for the undigested bits.
My boss is a big Musk/Tesla fan, so he and I shoot the shit about these things often. I asked him about Musk's supposed trillion dollar pay package, and....man, I'd hoped he'd agree that's too much money, but sure enough he found a way to justify it. No amount is too much apparently
He's imagining that one day it'll be him. Or maybe he literally just can't understand the concept of a trillion dollars, which to be fair is quite difficult to do.
edit: I just had a little wiki search, and there are only 19 countries in the world with a trillion dollar GDP. He'll be making 4 New Zealands, or 10 Croatias, or 50 Jamaicas, or just under a thousand Samoas. Most of it from bullshitting investors.
One thing I like about Lemmy is that over on the Other Place, some eejit would have by now appeared in the comments section to say "but it's not real money, he can't actually spend it". As though the fact that the amounts involved are so massive that they'd literally break the whole market to exercise them, is anything other than an absolute abomination and very much the reason why we shouldn't tolerate it.
It's refreshing. Detractors would call it an echo-chamber, but all I see is people who aren't deluded, simply acknowledging the obvious truth of this insanity.
The thing that bothers me about the "echo chamber" argument is that most of what I'm witnessing on social media isn't opposing worldviews, it's moronic bullshit getting clicks for being controversial. "Both sides" has been abused too often by bad actors to drag the Overton Window over to where we're expected to listen to clearly bad faith garbage that shouldn't have ever be able to leave someone's kitchen.
I think that "they piss over your head and tell you it's raining" adage is getting too tame and old for the current situation.
I think we've been for a while at "they jerk off to your pain and jizz all over your face, and you think it's glace" levels.
The sexual connotation is needed for added impact, which should be stronger in prudish cultures like the US.
46 Comments
Darkassassin07@lemmy.ca · 56 pts · 324d
Trickle-down? You mean Vacuum-Up economics?
FunctionallyLiterate@lemmy.ca · 31 pts · 324d
It definitely sucks.
kn0wmad1c@programming.dev · 38 pts · 324d
Wow, who knew he'd get richer after using an illegitimate department of the government created specifically for him to destroy the investigations into his companies and remove competing contracts for his business?
And all he had to do was cook some voting books to get Trump elected in order to be given this power.
errer@lemmy.world · 13 pts · 324d
And somehow being a Nazi was only a small bump in the road…
Asafum@feddit.nl · 33 pts · 324d
I have a coworker who said "I'm a Regan Republican, I always believed trickle down economics" just last year...
I said "man how many more fucking decades of it not working do you need before you realize it's bullshit??"
He was just like "hmmm, yeah I guess..."
Some people just put 0 thought into a stance they acquired at some point in the past...
bigfondue@lemmy.world · 15 pts · 324d
HeyThisIsntTheYMCA@lemmy.world · 4 pts · 323d
so more nixon republican then
shalafi@lemmy.world · 3 pts · 323d
Reagan was the 80s.
bigfondue@lemmy.world · 2 pts · 323d
DagwoodIII@piefed.social · 22 pts · 324d
In 1967, one Union job was enough to support a family of four with a house, a car, and money to send the kids to college. At that time, $1 million was considered a vast fortune. GOP Richard Nixon was elected in 1968.
By 1993, 'middle class' meant two incomes to support a family. $1 million was what a rich guy paid for a party.
The US had five terms of GOP Presidents and one term of Dem in those years.
TheEighthDoctor@lemmy.zip · 4 pts · 324d
Other countries didn't have Nixon and the same happened so It must be something more than that.
Rivalarrival@lemmy.today · 11 pts · 324d
Or, US economic influence is considerably greater than you considered.
Jumbie@lemmy.zip · 1 pts · 324d
Can you list a few countries where the same also happened? Thanks.
TheEighthDoctor@lemmy.zip · 7 pts · 324d
Canada, Australia, most of the EU (some were never able to support a family with a single income to begin with, so those don't count), UK (they had Tacher tho so I will say they had a "Nixon")
DagwoodIII@piefed.social · 3 pts · 324d
Gee, you mean that the country with the greatest economic influence has influence????
OctopusNemeses@lemmy.world · 2 pts · 324d
Global affordability issues are a direct effect of the US.
eatCasserole@lemmy.world · 22 pts · 324d
Imagine the things we could do if we took all that wealth and shared it among the working class.
ZILtoid1991@lemmy.world · 9 pts · 324d
But that would be communism, and communism killed millions, so we have to have fascism, which also killed millions, bit this time pikie promise it won't, it'll just remove certain ideologies from society.
msage@programming.dev · 7 pts · 324d
And millions of people.
davidagain@lemmy.world · 4 pts · 323d
Give the poorest 250 million people in the USA 2000 dollars each. Elon definitely acquired all that money through his intelligence and hard work, so he'll have no problems replacing it.
guillem@aussie.zone · 16 pts · 324d
bhamlin@lemmy.world · 13 pts · 323d
Trickle down works, you just have to remember that those with the money are like piñatas. You have to hit them very hard woth a stick and the economics will fall out of them.
Sunflier@lemmy.world · 6 pts · 323d
Hitting them with a stick? Don't have one of those.
The best I can do is a guillotine.
bhamlin@lemmy.world · 3 pts · 323d
While that's not traditional for a piñata, I'll allow it.
Gates9@sh.itjust.works · 11 pts · 324d
LIQUIDATE MUSK
(Financially, in Minecraft)
foodandart@lemmy.zip · 9 pts · 324d
So wrong on so many levels. The guy is an absolute tool.
MithranArkanere@lemmy.world · 9 pts · 324d
Oh. It is not BS. It is working exactly as intended.
They just tell people it'll do something different than what it actually intends to do.
foggianism@lemmy.world · 9 pts · 324d
We are literally repeating the last century. 1918 was a big pandemic. 1929 was the crash of the economy. Brace yourselves.
ICastFist@programming.dev · 3 pts · 324d
And the crash this time will be due to AI datacenter shenanigans - billions being promised in new infrastructure to build massive money drains because AI is not and will not be profitable. Nvidia is laughing
Socialism_Everyday@reddthat.com · 2 pts · 323d
Don't forget about WW1 and WW2 :)
AntiBullyRanger@ani.social · 9 pts · 324d
::: spoiler def. of Capitalism It's working as intended. :::
axexrx@lemmy.world · 8 pts · 323d
We need to reject that propagandised name, and start calling it by its original name- horse and sparrow economics. As is the horse eats the seeds, and the sparrows pick through its shit for the undigested bits.
klemptor@startrek.website · 8 pts · 323d
It's trickle-up economics. They're bleeding us dry with their greed.
snooggums@piefed.world · 1 pts · 323d
It is trickle down though. They get to drink all the liquid they want and piss all over us.
Beardbuster@lemmy.world · 7 pts · 323d
My boss is a big Musk/Tesla fan, so he and I shoot the shit about these things often. I asked him about Musk's supposed trillion dollar pay package, and....man, I'd hoped he'd agree that's too much money, but sure enough he found a way to justify it. No amount is too much apparently
skisnow@lemmy.ca · 1 pts · 323d
He's imagining that one day it'll be him. Or maybe he literally just can't understand the concept of a trillion dollars, which to be fair is quite difficult to do.
edit: I just had a little wiki search, and there are only 19 countries in the world with a trillion dollar GDP. He'll be making 4 New Zealands, or 10 Croatias, or 50 Jamaicas, or just under a thousand Samoas. Most of it from bullshitting investors.
aeternum@lemmy.blahaj.zone · 1 pts · 323d
Dasus@lemmy.world · 7 pts · 323d
500 billion. We're almost at trillionaires, while billionaires have existed for barely 100 years?
skisnow@lemmy.ca · 6 pts · 323d
One thing I like about Lemmy is that over on the Other Place, some eejit would have by now appeared in the comments section to say "but it's not real money, he can't actually spend it". As though the fact that the amounts involved are so massive that they'd literally break the whole market to exercise them, is anything other than an absolute abomination and very much the reason why we shouldn't tolerate it.
Socialism_Everyday@reddthat.com · 2 pts · 323d
Even when people say that, it's patently false:
https://fortune.com/2025/07/28/jeff-bezos-amazon-stock-sale-philanthroy-wedding/
Every 3 months there's a new headline of Bezos selling stock worth billions, and the market doesn't bat an eye
YeahIgotskills2@lemmy.world · 2 pts · 323d
It's refreshing. Detractors would call it an echo-chamber, but all I see is people who aren't deluded, simply acknowledging the obvious truth of this insanity.
elbiter@lemmy.world · 3 pts · 323d
They call an echo chamber any place free of nazi bullshit interrupting all civil conversations
skisnow@lemmy.ca · 2 pts · 323d
The thing that bothers me about the "echo chamber" argument is that most of what I'm witnessing on social media isn't opposing worldviews, it's moronic bullshit getting clicks for being controversial. "Both sides" has been abused too often by bad actors to drag the Overton Window over to where we're expected to listen to clearly bad faith garbage that shouldn't have ever be able to leave someone's kitchen.
myotheraccount@lemmy.world · 5 pts · 324d
Trickle down works just fine, it's just that elon musk is so far beneath everyone else
Duke_Nukem_1990@feddit.org · 4 pts · 324d
Man the loot box is getting bigger.
cuerdo@lemmy.world · 4 pts · 324d
That is the best marketing campaign ever,
"Just let us keep all the money, some of it may fall down"
They pee on you and they say it is raining.
Kolanaki@pawb.social · 3 pts · 324d
The only thing that trickles down is their piss onto our heads while they say it's just raining.
MithranArkanere@lemmy.world · 1 pts · 324d
I think that "they piss over your head and tell you it's raining" adage is getting too tame and old for the current situation.
I think we've been for a while at "they jerk off to your pain and jizz all over your face, and you think it's glace" levels.
The sexual connotation is needed for added impact, which should be stronger in prudish cultures like the US.
Aarrodri@lemmy.ca · 3 pts · 324d
Vote with your time and money. Society enables this..
Tollana1234567@lemmy.today · 2 pts · 324d
hes also going hard on AI, because VC funds are still pouring in for the moment.