Trickle

This morning I came across this bit of news: Panama Papers Expose the Hidden Wealth of the World's Super-Rich. Yeah. [points to self] do you see this color? This is the color of me not being surprised. Remember all those years of media going on about how "trickle-down economics" was the way the world worked? How the super-rich were job-creators and therefore, deserved to pay fewer taxes/more of the share of wealth? How we're all part of this fabulous world economy now and that businesses should be multi-national conglomerates for the betterment of all the world's economies. Monopolies? Pfft! We need those. Shipping jobs out of the country to cheaper[cough]slave[cough] labor markets was the way of the future! Remember the talk about how we shouldn't pick the pockets of business via taxes and cost of living increases and minimum wage rate hikes and regulations because they're working so hard for that cash, and gee. they create jobs? Because people with tons of money put that back into the economy? Yeah. That. Being a contrarian and well...a GenXer, my inner cynic instantly smelled a rat. Every time I heard that bullshit, I thought of Upton Sinclair and all the other brave journalists and writers who helped bring down that same system in the Gilded Age.[1] And when the economic system began to give off warning signs, the Republicans ignored it. "Just tighten up those belts, boys and girls, and the magical Capitalism Fairy will come to your rescue." Well, just look at how that's working out for everyone. Not so good, is it?

Rich people stay rich because they save money. They. Do. Not. Spend. It.

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​[1] Read the description. Any of that sound remotely familiar? Yeah. That.