Basic Economics 101: "Trickle-down economics" has never resulted in billionaires spreading...

Politics & News > Politics

Only logged in members can reply and interact with the post.
Join SimilarWorlds for FREE »

Basic Economics 101: "Trickle-down economics" has never resulted in billionaires spreading their wealth: You're thinking of UNIONS.

Top | New | Old

Patriot96 · 56-60, C

Unions exist to perpetuate themselves, not for members

JonUK41 · 36-40, M

@Patriot96 Right.

But unions and billionaires have 1 thing in common - they don't care about your interests.

That said you have a far better chance of making money working for a billionaire - or potential future billionaire - than you do by joining a union.

iamthe99 · 36-40New

@JonUK41 and if you work for a billionaire like Bezos, who pays peanuts?

JonUK41 · 36-40, M

Start with the obvious - to spread wealth you need to have wealth. The unions have no wealth so they can't spread wealth.

The consider an obvious example of the tech billionaires. Gates/Zuck/Bezos/Google guys etc. They've all become billionaires. How many millionaires do you think they've created?

iamthe99 · 36-40New

@JonUK41 The unions are there to force the billionaires to spread their wealth.

gol979 · 41-45, M

@JonUK41 the big unions are stacked full of cash and for the most part they do not represent the workers. Its yet another con game to make it feel like you have agency, when in fact you are giving your agency away to unions and paying a monthly fee to do so

meJess · F

Collective bargaining does not spread wealth, it increases production cost, meaning that income increase is nullified.

View 2 more replies »

iamthe99 · 36-40New

@JonUK41 so the only way to make money is to work directly for a billionaire, and not for one of their companies. Right…

SomeMichGuy · M

@JonUK41 DJT has stiffed MANY people he hired to do special work for him.

So no.

iamthe99 · 36-40New

@Patriot96 So you seem to be implying that someone working a 60 hour week does not deserve to get paid a colossal $15 an hour for their effort. Odd.

This comment is hidden. Show Comment

iamthe99 · 36-40New

@jshm2 What we actually need are less billionaires, although unions can help for now. Consider this:

Having no billionaires is the best way to redistribute wealth.

Thevy29 · 41-45, M

Give me a billion dollars and just see what I could spend it on ☺

WalksWith · 56-60, F

View 28 more replies »

iamthe99 · 36-40New

@JonUK41 Actually, I stand corrected. Items in his Presidential Library can continue to be used by him.

So he WILL get personal benefit from this plane after he leaves office.

Game, Set and Match.

JonUK41 · 36-40, M

@iamthe99 So how much do you think it costs to use/fly that plane - crew/fuel/landing fees/maintenance etc?

Trump already has a - obviously more modest jet - do you honestly think he could afford to use this plane on a personal level even if he was allowed to?

iamthe99 · 36-40New

@JonUK41

Trump already has a - obviously more modest jet - do you honestly think he could afford to use this plane on a personal level even if he was allowed to?

There's only one thing I can say to that:

Add a comment...