Friday, August 31, 2012

Trickle Down Economics is a Pyramid Scheme

Tina Dupuy

The classic multi-level marketing or pyramid scheme is where one guy at the top convinces people at the bottom to give the top money. The hope is the guys in the middle will recruit enough people under them to move from the middle to the top—hence the pyramid shape. The model is, clearly, and provably unsustainable. Only a couple of people (those at the top) do well. Everyone else gets ripped off.

Trickle down economics is a pyramid scheme: It’s the rich telling us if we just recruit others to believe in the con then we will become the rich too.

It’s a lie.

This exchange actually took place yesterday evening in The Seat Of World Power aka my couch:

Me: "How long will the Repugs keep doing the same thing over and over expecting different results before they realize that's the definition of insanity?"

Mrs. G: "'Til they've got all the money."

Simple and succinct.

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