Cross of Gold speech. 1896. The long tragic history of Trickle Down economics.

[shockey80]

The proven wrong belief of trickle down has been around a long time. Here is a quote from the speech.

There are two ideas of government. Those who believe that if you legislate to make the well to do prosperous, that their prosperity will leak through on those below. The democratic idea has been that if you legislate to make the masses prosperous their prosperity will find its way up and through every class that rests upon it.

People have been proving trickle down does not work for a very long time. We had trickle down in the 1920s which lead to 1929. We had it again in the 1980s, stock market crash. We had it in the 2000s, economic collapse.

This question needs to be answered. If it has been proven not to work time and time again. Why do people still want to do it?

[Comatose Sphagetti]

1. Short-term monetary gain.

Those financially able to take advantage of any short-term benefits will sock away monetary gain before the inevitable catastrophe: A catastrophe that will crush the less advantage.
There is no 'trickle down...' The money is redistributed to investors/kept by the beneficiaries.
It's a short-term enrichment game for those with cash to pay the entrance fees, and you (likely) and I ain't in the game.

[former9thward]

2. 25 years later Bryan recorded the speech for history.