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IG_Semmelweiss | 17 days ago

Real world evidence doesn't seem to validate this position.

For example - The ratio of government employees (including contractors) to US population is at an all time high[1], and the ratio of GDP to government expense is at an all time high[2].

It should be obvious if you have a profilgate printer priting dollars left and right, and the printer's controllers livelyhood depends on the printer working, workers will eventually lease printing to anyone willing to pay the controllers.

Thus, doesn't seem like a problem of wealthy people to me. You are always going to have wealthy people in any society. But it seems the fault is at having a printer, and letting people who aren't your neighbor, to control it.

I'm open minded in this being a "Chicken or egg" Problem. But I'd need to hear a compelling argument for it.

[1] https://www.brookings.edu/articles/the-true-size-of-governme...

[2] https://www.imf.org/external/datamapper/exp@FPP/USA

discuss

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miltonlost|17 days ago

ze/l,dcg;klsd;fmg'sex WHATD. you need to learn how monetary policy works. there's nothing in your response worth correcting it's so wrong.

And completely ignores who is President and his explicit words.

AnthonyMouse|17 days ago

The current President is a big fat liar and everybody knows it. But where's your counter for the argument? Government spending is now at a higher percentage of GDP than it was during the height of WWII, which had been the all-time high for 200+ years. That is inherently inconsistent with the incumbent "just doesn’t believe that government should do anything" -- the current government is doing a lot of something.