• foggy@lemmy.world
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    1 year ago

    I wonder if trickle down economics would check out if CEOs were replaced by robots who made decisions on how to allocate funds…

    Oh, your company has over x employees or pulls in over y tax dollars? Hello C-suite. Meet AI-C, your entire c-suite replacement AI. You’re all immediately bought out. You may serve on a board of directors but it’s salary will be determined by the AI-C.

    A guy can dream.

    • BluesF@feddit.uk
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      1 year ago

      The C suite’s purpose is to generate value for the shareholders. Unless AI-C delivers that value the old guard will be back in no time.

  • warlaan@lemm.ee
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    1 year ago

    Of course trickle down works. I just don’t get how people came to believe that the rich people (i.e. the place with all the money/water) is the top of the mountain and the poor people were the ocean.

    There are so many reasons why money constantly trickles from the poor all the way down to the rich.

  • ummthatguy@lemmy.world
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    1 year ago

    Hey, it’s not like it was tried and failed before. Remember how well it worked the the 20’s?

  • Gamey@feddit.de
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    1 year ago

    One of the best memes I have seen on Lemmy so far and there are a few really good ones in that collection already!

  • AndrasKrigare@beehaw.org
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    1 year ago

    Weekly reminder that “trickle down economics” was always meant as a criticism. Coined by Will Rogers

    This election was lost four and six years ago, not this year. They [Republicans] didn’t start thinking of the old common fellow till just as they started out on the election tour. The money was all appropriated for the top in the hopes that it would trickle down to the needy. Mr. Hoover was an engineer. He knew that water trickles down. Put it uphill and let it go and it will reach the driest little spot. But he didn’t know that money trickled up. Give it to the people at the bottom and the people at the top will have it before night, anyhow. But it will at least have passed through the poor fellow’s hands. They saved the big banks, but the little ones went up the flue.

    https://en.m.wikipedia.org/wiki/Trickle-down_economics#:~:text=Trickle-down economics is a,critics of supply-side economics.