What American author and journalist William Blum says here seems correct.
The reason trickle-down economics doesn’t work is that making rich people richer does not provide them with any incentive to hire additional people.
I had over 100 employees at one point in the 1990s, and the only thing that made me even consider hiring one more was that I knew that my delivery unit would be incapable of serving our clients adequately if I didn’t.
I’m not a miser, but in the absence of that pressure, I would have kept my money in my pocket.
Basing a claim on a single incident, e.g., the murder of Charlie Kirk, has no real validity.
So, here’s was AI says on the matter:
Violent crime, particularly homicide and gun violence, is significantly higher in the United States compared to Europe.
The U.S. homicide rate fluctuates between 5.5 and 6.5 per 100,000 residents, whereas most Western European countries see rates well below 2.0 per 100,000. A resident of the U.S. is generally 5 – 6 times more likely to be a victim of a homicide than someone living in Western Europe.
The meme here speaks volumes to life in the United States and free market capitalism as a whole.
I happened to have met the guy who, in the 1990s, tried to build railways that would connect Dallas, Houston, Austin, and San Antonio. One day he got a phone call from Herb Kelleher, co-founder and former CEO of Southwest Airlines, who told him, “The fare between any of the major cities in Texas is $80. The day you drive your first spike in the ground, I’m lowering it to $8.”
American businesspeople are no more interested in the wellbeing of our people than they have in being diagnosed with cancer.
If you’re wondering why there is so much pushback against renewable energy and other elements of climate change mitigation, you really don’t to look much further.
Hmm. He’s the governor of the most populous state in the country, whose revenues, if it were a country, would make it the fourth largest economy on Earth. His state ranks in the top five in terms of colleges and universities. We’re wealthy, well-educated, and extremely productive.
It’s true that he’s not a Trump supporter, but California (and the rest of the world) generally regards the current U.S. president as a criminal sociopath.
Yes, that infuriates folks who are poor, ignorant, racist, and disease-ridden, but generally speaking, it doesn’t bother Californians.
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