• Soup@lemmy.world
    link
    fedilink
    arrow-up
    39
    ·
    2 days ago

    A rising tide does lift all boats. Giving all your money to a couple uber rich people is not a rising tide, though.

    • subversive_dev@lemmy.ml
      link
      fedilink
      English
      arrow-up
      2
      arrow-down
      1
      ·
      2 days ago

      I agree that a literal rising tide does lift all the boats at port but that trite little saying is used to justify trickle-down economics and neoliberalism at every turn

      • Soup@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 day ago

        Literally it isn’t and you, and maybe the handful of liars using it for that purpose, just flat-out do not understand the saying.

        A rising tide lifting all boats is specifically about how helping the bottom helps everyone. It is so astronomically far from the concept of trickle-down economics.

        • subversive_dev@lemmy.ml
          link
          fedilink
          English
          arrow-up
          2
          ·
          23 hours ago

          This is kinda a weird argument we’re having but I’ve literally heard this argument “from the pulpit” in multiple college econ classes, perhaps your experience is different.

          I think if we were assessing whether this analogy is fit for purpose then you would have to say that it only makes sense if all the ‘boats’ are always at the same level which is the case for real boats on a real tide