03-15-2021, 11:19 AM
(03-15-2021, 10:42 AM)Bob Butler 54 Wrote: The economy is a trial and error problem with a low number of repetitions. in Obama's time, we did too little. This is too much. Is it possible that we did too much? Certainly.
Infrastructure? Wealth division? Can we contain it? I suspect enough will be done to keep us afloat. I expect enough will be spent to restart the economy, and taxing the rich will be recognized as inevitable. But it won't go beyond that. Truly attacking it will be left for another time.
As it stands, the top 1% own 85% of all stock and roughly the same percentage of rental property. Pre-COVID those numbers were in the low 70s. How long can we wait with differentials already that large and growing?
Bob Butler Wrote:Agreed, the division is hard to address. The Democrats can prove government could serve the people. The desire to hurt minorities by hurting the working poor has hurt enough people to change the basics. But it is kind of hard to go behind the obvious, wait on the awakening, and hope for the best?
I've had my money on the next 2T for a while. Judging by my age, I won't see it through, so I'll have to hope for the best.
Intelligence is not knowledge and knowledge is not wisdom, but they all play well together.