The opposite of "The cream rises". A saying used to denote that people in positions of power often got where they are through corruption and do not deserve the advantages they have
Tom: I got promoted again, the cream rises!
Tony: No dude, shit floats.
When a person is displeased with a situation or current event
Peter: I hate it when Matthew steals my Tequila and tonic
Tom: "That shit wont float"
That friend in the group chat who sees all the messages but never actually contributes to the conversation.
Hey Rosie, why were you being such a floating shit last night?