Quote:
Originally Posted by RichieLion
I will read it, but as of now the premise seems fatally flawed. Money has to be slowed to the rich and put in the reach of the middle class? This purports that the "economic pie" is a stagnant size and doesn't grow, and so we have to divide it up more evenly.
That's patently ludicrous on the face of it. The "pie" is not finite. The pie can grow as each person creates more and more "economic filling". We can make our own "pie" in this country. We don't have to wait on line at someone else's and hope for a sliver.
I've got to see how Mr. Reich puts it , but really?
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As usual you have made your statement with a lack of thought which is characteristically yours. One only has to look at the trade deficit published each week on the last page of The Economist to know that the amount of money circulating in the United States is shrinking to the tune of a half a trillion a year.