Economy Musings III

I was thinking that trickle down economics implies that water flows up, and then from the wealthy at the top it trickles down to the rest of us... 

But a more accurate model is probably something like this.

It flows down, collects in a pool at the bottom... And you need a pump to get the water back at the top so it can continue circulating.

If it doesn't, the fountain dries up. Though it starts at the top, and the pool at the bottom is the last to be affected.

What's strange, though, is that the people who control a pool at the bottom resist and resent like hell any efforts to make sure that pump is working.

It's like they can't see how the whole thing flows, and just focus on keeping their big pool of water untouched. 

Of course, that has consequences. Predictable consequences, like, say, support for socialism when it's clear the current system is leaving them dry.

That's part of why FDR believed he was saving capitalism from itself. 

Unfortunately, some people have to learn that the hard way.