I've lost 30%

[Warpy]

28. "Trickle up" is actually called the multiplier effect

Every dollar spent at the bottom increases in value as labor is needed in order to spend it: farmers, processors, transport, warehouses, more transport, retail, as demand increases for goods and services.

Trickle down is infamous because it doesn't. Every dollar spent at the top pretty much sits there, there are only so many personal jets, yachts, seasonal mansions, and such that people want, so it inflates things like the stock market and scarce items like art and antiques. It employs very few and a constantly inflating stock market makes sure the money stays where it is and doesn't budge into the larger economy. And while crumbs might occasionally fall from the banquet table, they don't fall far.

I've been trying to explain this shit for 55 years (my dad called me a Communist). Now that "trickle down" has been proven to be such a catastrophic failure for 99% of the people in this country, maybe people who aren't on DU will finally listen. DU has been ahead of them since I've been here.