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US income inequality continues to grow
(08-02-2018, 08:33 AM)Belsnickel Wrote: If the economy is doing well, which right now it is, then we should be increasing taxes and decreasing spending. That is Keynesian economics. The problem is that people only like the other half of Keynesian thought which is to decrease taxes and increase spending. That is what we are supposed to be doing in economic downturns. Unfortunately, it is what we have been doing in good and bad. It puts us in a position where the next recession could turn into a depression because we have limited the tools in our toolbox to fight it. We've kept this up thanks to the fallacy of "trickle down" theory, which doesn't work.

But people who don't understand these sorts of things will continue to be fleeced as the ones with money and power pull the strings, laughing all the way to the bank.

Not to mention that the argument isn't that there aren't jobs out there, but that our system doesn't reward hard work like it used to. Work harder and receive less for it. Life isn't fair, is it?  People seem to flip flop on that notion .
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RE: US income inequality continues to grow - Nately120 - 08-02-2018, 10:31 AM

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