Wednesday, October 11, 2017

Deficits and inequality

The dots are called the GINI coefficient. The higher the dot the more inequality. Deficits are higher when the red line drops.

It seems that inequality drops a bit when we run deficits, but it is not a sure thing.  We have to recognize that our deficit cycle is coincident with the recessions.

During these recessions, wealthy people get a bit poorer, and they recover their wealth and then some when the Swamp begins paying the bills again.

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