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Democracy Chronicles

Still Wrestling the Big Lie: Trickle-Down Economics

by Jack Jones - March 13, 2021

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Trickle-Down EconomicsIt’s time to start calling out proponents of trickle-down economics for what they are: liars. Big fat juicy liars who know they are lying! If we can’t establish this fact then all we will be doing for the next few decades is to continue wrestling this large abusive lie while our country and especially its citizenry will be spinning down to the bottom of the economic abyss. Yes, the First Amendment protects the Big Lie and liars but we don’t have to believe them!

Big businesses, also known as corporate America, are the architects of the trickle-down lie. Trickle-down is fake news. It’s nonsense, just another ‘alternate truth’. But the Big Lie’s devastation on America has been bewildering.

Corporate America’s fight against policies like stronger unions or raising the minimum wage has caused a stranglehold of growth and misery that we as a nation have not been able to slip out of to this day. The fear tactics and lies produced by corporate America as part of the Big Lie have, since the time of Reagan, only made very few better off while impoverishing the rest of us.

Profits at large corporations have surged since Reagan introduced trickle-down economics. The cost of automobiles, housing, property taxes, utility bills, college education, and healthcare (to name a few) have also surged. Yet, underneath it all, the wages of the working stiff have actually declined since Reagan. Our oligarchs have successfully kept the labor cost down, but not the profits of which a very small minority are rewarded (and of course given generous tax breaks).

We need to clear the air, start afresh and accept the truth or we will continue to get nowhere for the people of the United States of America. Unregulated greed is a perfect recipe for the downfall of any empire.

As a country, all we have been doing since Reagan has been bouncing back and forth between neo-liberal Democrats and far-right Republicans. Hell, the Republicans in the Senate are even this week fighting to stop any piece of legislation that could help poor Americans amid the ravages of a once-in-a-century pandemic.

Polling consistently shows that Americans reject trickle-down economics. But the fact that our politicians are still wrestling with basic articles of economics and are not being universally called out for their deceptions, is mind-blowing to me.

We can’t fix it because we don’t all agree. The reason that we don’t all agree is a large portion of our ruling class still believes the lies about trickle-down and work furiously to sell them to the public. Unfortunately too, a sizeable number of our country’s voters do believe the lies even if they are not the majority. And they will believe even bigger lies mind you, the bigger the better so they say, and we will end up with a dying country dragged to the burial pit by the richest among us and their minions that have believed their bullshit.

What the trickle-down movement has become today is culture, religion, right-wing propaganda all rolled up into a great big nightmare that we all have to endure because of the greed of the few and the naivety of too many. I’m waiting for the rank and file American to universally wake up and call foul, call it out, and realize that they and we have been taken advantage of. Our lives have been purposefully made harder and the villains will never pay unless we act. They will only continue to lie because it’s in their temporary self-interest to do so.

Liars, swindlers, con-men, and deceivers are at work and they are paid very well to represent the richest among us. So by now, we must start to understand the enemy and the battle plan that has been waged against us, or are we just going to continue to wrestle the Big Lie to our dying days.

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Filed Under: DC Authors Tagged With: Capitalism and Big Business, Socialism and Labor

About Jack Jones

Jack Jones writes for Democracy Chronicles from Chicago’s south suburbs where he grew up. He is a union electrician Local 134, certified minister from Berean University, AYSO board member and coach, basketball coach, Cub Scout leader, husband, father and social participant. Jack considers himself a gourmet junk food chef, political writer, musician and likes to contribute to the world around him. A former deacon and chaplain at Cook County Jail in Chicago, he feels that our out-of-control corporate, religious and political environment is to blame for many of the problems in the world today. Jack believes we need to get money out of politics and that the church should take care of people instead of trying to get hypocrites elected to public office.

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Reader Interactions

Comments

  1. C. Jones says

    March 13, 2021 at 2:13 pm

    Excellent article _ straightforward.

    Reply
    • Jack Jones says

      March 13, 2021 at 4:50 pm

      Thank you for continually reading and responding . It’s nice to know that we are not alone in our views !

      Reply

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