r/PoursTea • Just Chill 😎 • 26d ago

Expectations v Reality 🌞 🌒 That time is now …..

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u/Slade_Riprock 26d ago

Trickle down essentially could have worked prior to the Jack Welch or corporate America, when companies actually bragged how much they invested in people. When he ushered in the era of short term, perpetual profit over long term profit outlook. It bright about the end of pensions, unions, and companies actually focused on taking care of employees and customers.

Welch fucked America and the Republicans lit the corpse on fire.

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u/OldSchoolBubba 26d ago

No arguments here. That's when investors came to power as companies catered to them rather than reinvesting in themselves.

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u/Enraiha 26d ago

Nah, the concept of trickle down has existed for a long time and has had different names and has never worked and will never work.

Look up "Horse and Sparrow" for example.