• AxExRx@lemmy.world
    link
    fedilink
    arrow-up
    40
    ·
    4 days ago

    We need to stop calling it trickle down, and start refring to it by its original name, horse and sparrow.

    As in the horse eats all the grain, ans the sparrow is forced to pick through its shit for the seeds.

  • DagwoodIII@piefed.social
    link
    fedilink
    English
    arrow-up
    10
    arrow-down
    1
    ·
    4 days ago

    1% is way too generous.

    Taylor Swift has a life style comparable to Liz Taylor or Frank Sinatra.

    It’s a tiny handful of people who are actually sucking up all the wealth.

      • DagwoodIII@piefed.social
        link
        fedilink
        English
        arrow-up
        6
        ·
        4 days ago

        A quick search shows that Liz Taylor was worth about $600 million at the time of her death using the official inflation indicator.

        Inflation of things like Beverly Hills houses has far outstripped the regular rate. A house she brought for less than $1 million would be ten or twenty times as much today.

              • DagwoodIII@piefed.social
                link
                fedilink
                English
                arrow-up
                2
                ·
                4 days ago

                I knew she was a rich entertainer. I knew Elizabeth Taylor was a rich entertainer. Entertainers today have greater income than those of the past, and yet the life styles are roughly similar.

                And yes, I have the whole internet before me. I chose not to learn all the details of Taylor Swift’s life. Just because I can, doesn’t mean I should.

                If you really feel the need to do the research, find an entertainer whose worth and fame matches Elizabeth Taylor’s. I will not stop you.

    • PugJesus@piefed.socialOP
      link
      fedilink
      English
      arrow-up
      6
      ·
      4 days ago

      A pathetically small amount. Motherfuckers are out there selling out the nation for five digits.

      I ain’t sayin’ I ain’t got a price - I’d like to think so, but I’ve also never been important enough to have been offered one. But goddamn, you would think these cheap bitches would demand a little more for selling themselves.

  • Almacca@aussie.zone
    link
    fedilink
    English
    arrow-up
    4
    ·
    edit-2
    4 days ago

    It’s more trickle up economics, and it’s becoming less of a trickle and more of a torrent lately.