re: #63 Destro

That is because the untold truth (on the right at least which does all it can to deny it) is that to create new wealth you have to somehow take the wealth from those that all ready have it. You can’t generate new wealth in the USA out of thin air. It is an enclosed finite monetary system and trickle down does not work.

So those at the top of the ladder are deathly afraid of anything that will build wealth to those below the ladder because they know it will come from their inheritance which they are either hoarding or hiding overseas.

Actually, the untold truth is that those at the top of the ladder believe that to create new wealth you have to somehow take it away from those who already have it.

The reality, demonstrated throughout most of the era since economic philosophers like Adam Smith first proposed it, is that wealth can be increased. It is possible to have an economic win-win situation.

What is true is that you cannot have all available and do this. Making up a set of numbers the choices are “100 for me” or “80 for me and 50 for you.” Ironically, the eventual reality is that down the road the 100 for me is still only 100, while the 80/50 grows to more than 100/more than 100.

But it all requires sharing.