Trickle down Economics. The idea is to stack the cards in favor of businesses so they can improve their services, hire more employees and so on. Basically give big business more money and they will fairly trickle it down to the people in the middle and lower classes. And on paper it seems like a great idea...on paper.
There was something else in recent history that looked great on paper but ultimately failed. Most historians admit to that much. What is it? Its called Communism. On paper Communism should have worked magically! But it ultimately Russia's Communist government faded in 1991 when its population voted it out, and many of the other countries that followed Communist based governments started to disappear and are now all but a memory. So What happened?
The human element ended up screwing it up for the rest of the eastern society.
Humans are fundamentally greedy beings. They want to take and take and take, but when it comes to giving back most are fundamentally greedy about doing so and will only do so when put under pressure. Thankfully that's not a issue with every single person in existence, but in my experience over the years, it is an uncomfortable greater majority that is like this.
So in Communism the government had all the control and was supposed to dole out everything to its citizens equally so that no one went without. Now on paper, and I know some would disagree, or agree to disagree, that looks like a winning idea. I agree with it too because the idea it conveys to me is that everyone has a higher sense of vitality because they are getting the food, clothing and housing they need. But it ultimately failed because of the human element. The ones that were to do the dolling out became greedy and of course we know what happened. Its a matter of historical fact.
The same is now happening with the so called "trickle down economics". On paper it also work winningly. Its also not being actively applied on paper. Its when the human element becomes involved that causes the problem. Again, trickle down economics intentionally stacks the cards toward rich business owners in hopes that in turn, they will trickle it down two the people beneath them to improve their standard of living so they, who make up the greater majority, can afford to live firstly, and secondly afford to move money around a little bit keeping the economy liquid. I love that idea...it unfortunately almost never happens.
The Rich Get Richer and the Poor Get Poorer, as the phrase goes, and unfortunately that is exactly what's happened here. And sadly the rich and the people in politics that represent them are the ones that are the problem. They obtain success in their business dealings and suddenly they don't want to let the profits of that go for any reason. So they fight. And where you would think giving them tax breaks and kickbacks in the form of subsidies and bailouts as well, would help them unlock more funds for them to work with to create new jobs, perhaps offer a better pay to the workers that are bringing in the money for them, or even a stronger more affordable health care package so they are sufficiently medically covered. But that doesn't happen and when it does, they either give them the most garbage possible coverage OR they offer it but only to full time employee's but find ways to keep the majority of their staff registered as part time so they don't get benefits. Sometimes in the worst cases, both.
It boggles my mind how people think that this is even remotely fair. Coming from a person that is at the rock bottom of my financial life, its not fair and it needs to change. I think that the majority of Americans feel the same way, and some of those either don't want to admit it or they don't want to be vocal about it.
Stand up America. Time to be vocal. There's nothing wrong with being rich if you developed a business or product that got you there...but its not OK to do it at the expense of everyone around you.
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