• subversive_dev@lemmy.ml
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    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
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      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
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        22 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