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>It reminds me a lot of another financial axiom we were all supposed to believe: trickle down economics. And look how that turned out.

It ended up with Americans having the highest purchasing power in the world, even after accounting for high education and medical costs.

Like it or not the workers in capitalist America were and are far better off than in countries where Communism was tried. So trickle down did actually work.



So, America is doing better than communist countries, and therefore trickle down economics worked...

That's absolutely the lamest attempt at an argument I've seen all week.


If only you could read. Let me copy and paste the argument for the third time, maybe it sinks in this time:

"It ended up with Americans having the highest purchasing power in the world, even after accounting for high education and medical costs."


"It ended up with Americans having the highest purchasing power in the world"

Uhm, https://www.numbeo.com/ has the US as fifth highest in 2024-mid year and fourth in 2024 overall...




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