• Nougat@fedia.io
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    13 days ago

    How about we try some trickle up economics for a while? That’s where you give money to people who actually need it, and let businesses compete for them as customers, and the revenue will trickle up to successful companies.

    Might as well, right?

    • Maggoty@lemmy.world
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      12 days ago

      The biggest criticism is hilarious. They say poor people don’t use the money responsibly. It just passes right through their hands. They neglect to mention that’s because they’re buying needed goods and services and that money trickles up far more reliably than money trickles down.

      • AA5B@lemmy.world
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        12 days ago

        It just passes right through their hands

        Plus a general illiteracy for economics where that should be the goal because the economy grows with money spent, not money saved

        • Maggoty@lemmy.world
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          12 days ago

          My personal theory is they’re also trying to normalize the money not moving into the economy.

    • bitjunkie@lemmy.world
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      12 days ago

      It’s almost like you can have a monetary system and trade without all the crony klepto bullshit of the current system.