Why doesn't redistributing money from the rich to poor doesn't work? it works pretty well for many European social democracies.Maybe it doesn't create wealth(i.

Why doesn't redistributing money from the rich to poor doesn't work? it works pretty well for many European social democracies.Maybe it doesn't create wealth(i.e. GDP growth), but it does create quality of life for citizens, and that's what counts. And about the decline in jobs: I think it's a combination of efficiency and global competition and outsourcing that might be creating a structural change in the American job market. Why? Usually new businesses create most of the new jobs. let's say i start a new business. i need an employee. In the past i needed to pick an american worker. Today i can chose between a machine, non-american worker and an american one , and outsourcing the job to some company that does it more efficiently(local or global) - and b2b outsourcing has really improved is the u.s. in the last decade. So with so many options, it makes sense that new businesses would hire less American workers and would reduce pay. And according to a Kaufman institute study(which i can't seem to find), that what happens: new businesses hire less American workers per company(while the number of companies stays relatively constant).