LogFAQs > #167944

LurkerFAQs ( 06.29.2011-09.11.2012 ), Active DB, DB1, DB2, DB3, DB4, DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
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Topicits really crazy how similar the economy situation is to the great depression
red sox 777
08/04/11 8:47:00 PM
#35:


I think at this point further upward wealth redistribution is no longer good for the rich in the long run. Taking a larger share of a shrinking pie is a bad idea in the long run, as everyone except socialists and communists ought to know. The only way to sustain this is to jettison more and more people out of the "rich" group; that is, shrink it from top 5% to top 1% where it's at now to top 0.5% and lower in the future. Better to get an expanding pie.

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