Sunday, April 27, 2014

A rising tide lifts all boats

Actually, in economics, a rising tide does lift all boats. But you don't get that rising tide by giving more and more to the 1% until their cup runneth over.

If the 99% are doing well, the 1% will be doing even better. But the reverse isn't true. Of course, the 1% own the media and most politicians, and they've got plenty of money for propaganda, which is why there's even a debate about it.

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