Re:Income inequality today may be higher today than in any o...
by specialist on Saturday July 02, 2016 @11:12AM
(#12022824)
"most direct reason is economic growth"
Bingo.
The "economy" is a measure of the velocity of money. Any one advocating economic growth must then logically advocate some form of redistribution. To keep the money moving.
I'm undecided if economic growth is a worthy goal. But until a better idea comes along, us pinko commie hippies have favored the time proven battle tested progressive income redistribution in the form Keynesian economics.
It's no small irony that the result of anti-tax jihadist policies is less economic growth. Whoops.
Bingo.
The "economy" is a measure of the velocity of money. Any one advocating economic growth must then logically advocate some form of redistribution. To keep the money moving.
I'm undecided if economic growth is a worthy goal. But until a better idea comes along, us pinko commie hippies have favored the time proven battle tested progressive income redistribution in the form Keynesian economics.
It's no small irony that the result of anti-tax jihadist policies is less economic growth. Whoops.