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The middle class was not created via redistribution of wealth. It came about through wealth creation. It existed long before the New Deal and WWII.
by pitaj 9y ago
The middle class was not created via redistribution of wealth. It came about through wealth creation. It existed long before the New Deal and WWII.
- jonathanyc 9y agoIf you’re going to make a drive-by comment whose content is just “the GP is wrong,” you should at least back it up with some evidence, especially when the GP has provided a source.
- nickik 9y agoOr you can look at basic math. The government budget was simply never large enough to redesrbiute the amoutn of wealth the middle class holds.
- splintercell 9y agoIrrespective of whether your comment being correct, the GP has a point regarding the GGP comment being a drive-by. Although I also think that GGGP comment is also a drive-by, it just has a color of 'reasoning'.
- true_religion 9y agoThe "source" is just inane fluff. It reads like a book review. It hints at topics, but never declares what is to be said about them. It was such an imposing wall of text, that I read it thrice hoping to fine anything that I could reply to in argument, but there's simply nothing there. It's not evidence. It's not a source. It's not even an argument. It's a teaser to buy the book and find out if the book has an argument within it.
- specialist 9y agoKevin Phillips is an economist that served multiple administrations and teaches. He has no shortage of published works, interviews, reviews, criticisms. I encourage you start your quest by clicking the handy link provided.
- _Tev 9y agoSeems more like appeal to authority rather than an argument.
- WalterBright 9y agoTake a look at that famous 1906 movie of market street in San Francisco. It's full of throngs of middle class people wearing middle class clothes dodging middle class vehicles on a street lined with middle class businesses.
- specialist 9y agoHad you read Philips' book, even just the synopsis, you'd find that you're repeating his thesis. So blame me, not the esteemed economist.