Why Trickle Down Fails

 Yesterday was nice!  Rather than the predicted clouds, we had sunshine and temps were quite comfortable.  Things have cooled off a bit, and the prediction for next few days is partly cloudy, partly sunny, and temps in the mid to upper 70s (F).  Of course, I have to work today, but tomorrow and Wednesday should be nice.

I went down to York yesterday and had an enjoyable lunch with my friend Betsy.  She's a bit older than me, and we often joke about our ages.  I understand that most of you probably don't understand the age thing yet, but you will.  When I was growing up, most people retired at 65 and then waited to die.  Nowadays, many still retain a part-time job.  For some, that's because they need the income to offset their Social Security, but for others it's a way to socialize, to get themselves out of the house.  We have a number of 80 year-olds working at the store, not one of whom is a cashier.  Nope, these people work in the aisles, pulling product from the overhead to restock the shelves, and provide customer service to shoppers.  That's part of the funny thing.

I got an email from Audible, they're having a site-wide sale starting June 17 and have paused the Q & A process for The Body on the Lawn until after that date.  If I want, I can have them push it through to take advantage of the sale, but I'm going to be running a promotion anyway after it comes out, so I'm just going to sit and wait.  The world is not going to end if it doesn't get released next week.

And rather than getting a loveseat for the writing room, I'm thinking a large chair might be better, something like this.  There's still enough room for myself and dog, isn't that nice?

I saw that Republicans are again going to push tax breaks to corporations and wealthy individuals as part of their election package for 2024.  For those who don't know, this is called Trickle Down Economics.  They've pushed through Trickle Down 3 times, and every single time it has started failing after a short period time.  It lasted the longest under Reagan.  By the time he was leaving office, however, it was well into its death throes.  While it does initially pop up the economy, neither the corporations, nor the wealthy, invest enough of their tax breaks to keep it healthy.  Payroll expense is a terrible thing for corporations, and when it comes to creating and keeping jobs, or hitting their financial goal, money's always going to win out. The problem is that all those people they hire don't spend enough money to keep the buckos rolling in, which means companies begin to slowly cut their workforce and cancel those orders for durable goods.  They're still getting their tax breaks, which is all they cared about in the first place.