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Mundane-Ad-6874 t1_ivtwex9 wrote

Reply to comment by makalder in TIL In 1983, Air Force One (with Reagan aboard) landed six minutes before a microburst slammed into the ground at Andrews Air Force Base, causing wind speeds to hit 149 mph. At the time, that was the fastest wind speed ever measured by an anemometer. by theotherbogart

We should all know he implemented “trickle down economics”. Which was a big ass joke.

Edit: coined to implemented

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chop1125 t1_ivwdmr3 wrote

Will Rogers actually coin the phrase trickle down economics.

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makalder t1_ivtyqxi wrote

It’s just not properly employed. It makes sense in the way that the strength of our economy should help everyone, but the people at the top abuse the system.

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Mundane-Ad-6874 t1_ivtzdc4 wrote

Trickle up economics makes much more sense. Healthy middle class boasts a healthy upper class. It creates competition, which is the basics of capitalism.

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DoofusMagnus t1_ivu927k wrote

Oh? They can't be relied on to distribute their wealth? I wonder if anyone's had the idea of some sort of federal authority to collect a pre-established percentage from each of them to be pooled for use by the public.

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makalder t1_ivudnqc wrote

Everybody scoffed at Herman Cain’s 10/10/10 idea, but it would work just fine.

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