Comment on If billionaires and CEOs feel like they need to start paying for large security details, would that be an example of trickle down economics?

marcos@lemmy.world ⁨1⁩ ⁨week⁩ ago

• w3dd1e@lemm.ee ⁨1⁩ ⁨week⁩ ago

  Trickle down economy is a thing….but only in costs, not in profits.

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• Kalcifer@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

  […] trickle-down economics is an absurd nonsense theory […]

  Would you mind defining exactly what you mean by “trickle down economics”?

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  • marcos@lemmy.world ⁨1⁩ ⁨week⁩ ago

    If it had a definition, it wouldn’t be nonsense, would it?

    “Trickle down economics” is a rhetoric instrument by which people try to convince the public that taxing poor people and fiscally spending in rich people will increase the poor people’s quality of life.

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    • Kalcifer@sh.itjust.works ⁨1⁩ ⁨week⁩ ago

      If it had a definition, it wouldn’t be nonsense, would it?

      It would depend on the definition in question. The term in a vacuum is just a collection of words — what those words mean is rather important, imo.

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      • marcos@lemmy.world ⁨1⁩ ⁨week⁩ ago

        Well, ok, turns out I wrote a definition of the next line.

        It’s a nonsensical economical theory, with no definition on the context of economics.

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