Invisibility can be an asset for some people. But not always. This is where you will find the observations, insights, ideas, tips and recipes from someone who is slightly invisible. Have fun!
— Mr. Invisble
Hi, I was wondering if u have any thoughts on Bernie Sanders?.. Its just that I noticed that u seem to care about income inequality & corruption etc. If u havent already, check him out 🙂 & share ur thoughts with me on twitter : @LiaSofia92
I’m very interested in Bernie Sanders. Have heard a lot of good things. Seems like a solid guy. But if his brand of fixing Income Inequality is all about redistribution (taxes -> handouts) then he should take a lesson from the Greeks and the Russians to name a few who have tried this. Redistribution just is not a sustaining effort.
We can all learn from the Greeks and Russians… And Lately the Chinese. My favorite quote is, “The problem with socialism is that you eventually run out of other people’s money.” That was from Margaret Thater.
We should all keep an eye on Mr. Sanders. Remember… It’s not what a politician says, it is what he does.
You sound like you have a preference for full employment over income inequality. You have a point about redistribution alone, people don’t like to admit needing a handout but really it got stole from them in the first place. Still though it would be amoral hazard. We need to tax the rich because if we don’t the get too much political power and tend to do what Reagan did, rig the economy to favor the ones who are already rich. They also have too much money that they are trying to invest, but the poor can’t afford the debt right now so it inflates asset bubbles.
Honestly I could go on for an hour about how they rigged it and how to fix it, but it wouldn’t be ass well written as this: http://bilbo.economicoutlook.net/blog/?p=34118
With Clinton winning the nomination we are screwed though. inequality till a fascist beats Clinton in 2020. Here is how my favorite economist described the inevitable responses to laissez fair capitalism in 1943: http://economie.politique.free.fr/liens/Kalecki_1943.pdf Spot on so far.
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