482
submitted 1 year ago by RandAlThor@lemmy.ca to c/canada@lemmy.ca
you are viewing a single comment's thread
view the rest of the comments
[-] EhForumUser@lemmy.ca 18 points 1 year ago* (last edited 1 year ago)

That was just a line to keep the proles subservient and waiting.

Huh? The trickle down line comes from comedian Will Rogers who was making a joke about how President Hoover, who was an engineer, was accustomed to water trickling down, but that he didn't realize money trickles up.

It was a line to serve the exact opposite โ€“ to tell the 'proles' that the economic plan was fundamentally flawed.

[-] teuast@lemmy.ca 28 points 1 year ago

yeah, but it was repurposed for that. "pulling yourself up by your bootstraps" also has its origins in a saying referring to something that is impossible, but was later repurposed into having the opposite connotation for most people.

[-] jonne@infosec.pub 16 points 1 year ago

Also when conservatives quote MLK about 'judging people by the content of their character', and nothing else.

[-] floofloof@lemmy.ca 12 points 1 year ago

Thanks. I learned something. I grew up hearing it discussed seriously in the 1980s, by which time I'm not sure everyone remembered the critical origin you identify. As I remember it, during the Reagan/Thatcher years many people treated the matter of whether and how the wealth would trickle down as a real live question.

this post was submitted on 30 Aug 2023
482 points (97.3% liked)

Canada

7226 readers
511 users here now

What's going on Canada?



Communities


๐Ÿ Meta


๐Ÿ—บ๏ธ Provinces / Territories


๐Ÿ™๏ธ Cities / Local Communities


๐Ÿ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


๐Ÿ’ป Universities


๐Ÿ’ต Finance / Shopping


๐Ÿ—ฃ๏ธ Politics


๐Ÿ Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 4 years ago
MODERATORS