By all means, give me the name of any economist or president that said something resembling the message "we need trickle down economics"
Maybe businesses should pay more.
They don't give away their money. that is not trickle down. They build business and Hire people, thus it trickles down. How many people work for Blue Origin and make the space craft. At the peak with my business I had 2 employees, It also was the time when I made the most $$ I ever made. The 2 young men that worked for me were making 2x the minimum wage and both made more $$ than they did before I hired them. That is trickle down, on a small scale. What the Bozo's of the world are doing is no different.
That’s funny. Employers hire employees to do the jobs that they wouldn’t do. They make money for every employee. Jeff Bezos made 13 billion in a single day last year. Or enough to pay every single employee of his 16k. Instead he is launching into space.
Built by children in China for $0.18 per week.
you hire to multiply yourself. By my self I could do 10 to 15 accounts per day, with 3 trucks running I did 30 to 45. I by far made the most profit on what I did and didn't have to pay others to do. the 2 guys I had out were making about $100 per day, this is in the 90's, I made about $50 per day on them.
He would have had to sell off a significant amount of his company to liquidate that 13 billion.
Nobody said anything about liquidating his company. This wasn’t a discussion of how easy or difficult it would be to turn his $50 billion increase in assets in 2020 into liquidity to pay employees more. It was just the statement that his net worth climbed by approximately triple the entire combined salary of his nearly 1 million employees. I’m sure he has some financial advisors that could help the money become liquid. For sure it will take a lot of liquidity to build his spaceship. No?
Lol… you literally said it was enough to pay all his employees 16k, but ok bud.
your incorrect usage of the word "liquidity" accidentally revealed that you shouldn't be engaging in a finance-related debate.
Whatever you need to tell yourself to feel better.
the only person agreeing with you here is the nearly brain-dead @Knight_Classes_begin_7pm which is worse than having that anti-vax dude that posts an essay for every response in your corner.
My post had nothing to do with any of that. Bezos is building a spaceship. His net worth increased by 70 billion last year. He payed his nearly 1 million employees a combined 20 billion. Nothing is “trickling down”. Wealth gets amassed. Bezos having 150 billion in stocks doesn’t stimulate the economy or benefit anyone other than his ego. At least his ex wife understands how lucky they are and is giving money away hand over fist. You can hem and haw over his 55 million shares of a publicly traded company and whether or not the value of those shares is liquid enough. That wasn’t the point.
> "nothing is trickling down"
The gains in his personal wealth outpace the gains of his employees by tens of billions. So yea, that’s not trickling down. The median employee salary at Amazon is less than 30k. Bezos made more than 2 million times that amount. That the entire point. Communist countries pay homogeneous wages keeping people in poverty too. I’ve never heard it described as the money “trickling down”. Amazon has put an end to many of the businesses their employees would have otherwise worked at. Do you really think they are a net job creator? They eliminated competition and consolidated the employees into a single company. Without significant competition employees are subject to the terms and salary dictated to them.
Who is dumber: the actual inbred cult member you are arguing with, or someone who tries to change the mind of a cult member by debating them?
interesting that you have such a gripe with amazon acting like a monopoly, then as soon as it comes to Google, Twitter and Facebook systematically killing dissenting opinions and manipulating the flow information, its back to "teehee they're a private company."
What does that have to do with chuds believing in trickle down economics for the past 40 years?
Because its important for you leftists to decide whether you hate these pro-fascism billionaires or not. I don't think it's difficult for you and I to agree that a handful of billionaires shouldn't be affecting the livelihoods of millions of people, but the more yall continue to pat their back for playing virtuous Nazi's, the more its going to be a left vs right fight.
