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Politics : Formerly About Advanced Micro Devices
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To: Alighieri who wrote (587807)9/28/2010 12:46:57 PM
From: Tenchusatsu  Read Replies (1) of 1575561
 
Al, > So there is no process by which wealth transfer occurs in reverse in your "real world"?

Let me put it this way. The more people think that government is out to rescue them, the more they will be swindled by the schemes of the rich and powerful.

> The economy is affecting the poor far more than the rich...

Recessions often do that.

This was one of the primary motivators for Keynes to advocate government propping up economies and smoothing out the business cycle.

Worked well until the 1970's.

Tenchusatsu
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