> As long as most gains and profits go to a small percentage of people ("the top x%"), no sort of retraction/austerity measure will provide long term large sca

> As long as most gains and profits go to a small percentage of people ("the top x%"), no sort of retraction/austerity measure will provide long term large scale benefit. It will only exacerbate the situation. Exactly. It seems common sense that the economy will grow when the people have money to spend...Which means the people who spend (i.e. not the high socioeconomic people) need money to spend.