I don’t know if Republicans still talk about Trickle Down Theory, but I remember it used to be their big platform. It sounded like it made sense so I wondered why doesn’t it actually work? I do a lot of thinking while I drive and I pondered it and pondered it. I realized one of two things must be happening. Either the owners or CEO’s of the big companies are hoarding the money for themselves instead of trickling it down to their employees/the consumer or it’s going elsewhere.
Now we do know that all of the bloodsucking evil corporate assholes some CEO’s make sure their huge salary is paid first and they get all their perks…most likely under the guise of trying to make sure they pay as little taxes as possible. It’s a win/win to hire a corporate accountant (business expense) to find legal ways to steal hide money for the personal enjoyment of said CEO and cronies.
But for those rare honest companies, where else could the profits go if not to trickle down? And then the light bulb thought. Stockholders. When a company goes public it suddenly becomes beholden to stockholders, who are demanding a return on their investment. If there’s profit, it goes to the stockholders. The company cannot go green or altruistic or do well by its employees because it’s being ridden by this giant demanding monkey of stockholders, screaming for profit.
And the worst part of that thought is guess who the stockholders are? US! How many of us plugging our money into IRA’s and stocks to build a portfolio to save for retirement? That makes us stockholders! And what are we investing in? The companies that are making the big bucks, Pharmaceuticals, Tobacco, OIL! So who do we have to blame for the high costs of drugs and gas?
OMG… US! That’s it, I’m putting my retirement into real estate…no, wait. Shit!
