Unfairness of tax cuts for the rich explained in beer
The title of this blog can be interpreted in two different perspectives. This video will explain which interpretation is correct.
One perspective is that tax cuts for the rich are unfair for everyone else and therefor we should tax the rich more than the everyone else. The other perspective is that egalitarianism is something only ignorant people think is correct.
Oh how correct Thatcher was every single point she made and I love the British parliament at that time. Nothing like that now. They don't joke and smile at each other any more:
https://www.armstrongeconomics.com/world-news/monetary-reform/thatchers-last-stand-against-socialism/
Looking back, Britain was a much more lovely culture then. What happened? (Ditto the USA is like a Frankenstein now).
Take the time to watch that short video. So nice to see.
They respect her. You can see it.
Good point!
I wrote on Medium:
Take student loans for example. I believe it was Clinton and Obama who made these non-dischargeable in bankruptcy, thus trapping our youth in debt-slavery and sending them to schools to learn to hold up a sign about social justice. A college degree doesn't guarantee a job. Same as for housing, loans pull income forward making everything more expensive. Those who profit are the those who have money to loan and who can buy up everything for pennies-on-the-dollar when they debt bubble collapses in Minsky Moment deflation —i.e. the powers-that-be.