2 ms·
> A lot of commenters are obsessed with just finding money. Right and wrong. We are maybe obsessed with finding money to transfer instead of decreasing standar
by quadrifoliate 4y ago
> A lot of commenters are obsessed with just finding money.
Right and wrong. We are maybe obsessed with finding money to transfer instead of decreasing standards of living of the average person. The key is in your last sentence:
> You can do what you want to make the distribution more equal, but it can also be true that the pie is smaller for everyone.
Exactly! If you have 9/10th of the original pie and the rest of us are sharing 1/10th, then when the pie gets smaller it makes sense to keep our meager share numerically the same by giving us some of your share of the reduced pie. That is not equal distribution, but it needn't be!
In the economic sense this would mean taxing richer people more to fund social safety nets, while increasing interest rates to cool inflation. Lord Fotheringay will just have to make do with one less Bentley.