Monday, January 24, 2011

Who caused this growing inequality?

The elite trying to solve coordination problems using central government.

Reagan wanting the household to subsidize government services to the rich, and liberals  countered with extra government entitlement.  The middle class gets stuck paying for it.

Wealthy people receive the greatest bulk of government services at the cheapest cost.  The wages of workers are subsidized by central government entitlements,  Central government guarantees global markets at huge cost, and Republicans say the household should pay for it.in fact

Pelosi celebrates entitlements without realizing they are forced subsidies for the rich.

But the starting process was the Reagan evolution, the idea that government should be cheap to purchase by wealthy people in pursuit of property guarantees and expansion.  Lincoln actually started it, and Reagan converted it into a Communist Manifesto for the Republican Party.

China pulls this same shit on its households.

Liberals couldn't admit to this fundamental error because liberals control the entitlement stream, they are useful idiots.  Solution?  Probably some sort of major bankruptcy of central government and the major states.

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