Money The Disappearing Way

Well, I have to admit that I'm shocked at the American lack of knowledge of the workings of their own society. I suspect that many still live in the illusions of, somehow, getting RICH in the future. These poor deluded people even side with those who are able to rob them because they are dreaming of becoming rich like them "sometime in the near future". When money is the marker of success and a "good life" dreams of getting it sure turns people into easy targets for those who set out to rob them of money, time, health - and life.

What was the exact moment when the non-billionaires stopped looking out for themselves and to secure their lives for choosing dreams of fairy tale riches which most likely are not coming their way. Could it be when that, in my opinion, criminal TrickleDown-system was introduced almost 50 years ago? The cynicism of it is baffling, but somehow those who suffer from it, and who are robbed by it, don't realize what's going on.

Ronald Reagan outlining his plan for the Economic Recovery Tax Act of 1981 from the Oval Office in a televised address, July 1981  

The Reagan economic policies included large tax cuts for the wealthy, which is the crucial part of the trickle-down-robbery. What makes it acceptable to those who are being robbed is the lie that the money they earned by working will be spent in e.g. job-making by those filthy rich people who got their hands on it. If the money came back to those who earned it - and lost it in taxes - the system would gain some legitimacy, but as it is, that's not the case. Rich people harvest fortunes that were not made by them, and rich people stick to the money, not to any implied, but non-substantial obligations toward those who made them rich.

Not only is this a robbery-system, but it's also a demoralizing machinery, as it turns the have-nots on the have-absolutely-nothings. Siding with the robber has that impact, no doubt about it, but the have-nots rationalize the situation by e.g. twisted religious beliefs of their own making.

Yup, that it is, and to me, it's obvious that Jesus was turned into a weird Santa who is worked by people by some kind of religious magic. It's very, very strange as well as extremely stupid because it's against the actual teachings of what they propose is holy, namely The Bible. 

 

https://www.faireconomy.org/trickle_down_economics_four_reasons

 

https://knowledge.wharton.upenn.edu/article/trickle-economics-flood-drip/ 

Wikipedia