Reply To: Should The Rich Be Taxed? 💸🚕

Neville,
First I think you have a distorted view of Keynsian Economics.
Keynsian economics is pro-stimulus but anti tax cuts.
Keynsian Ecnomics believes that the government must pro-activley stimulate the economy by spending money.
Incidentally Keynes was proving wrong twice once by FDR & the New Deal.
For a decade FDR more or less spent as much money as possible, yet the country remained mired in recession leading Henry Morgenthau (his Treasury Secretary) to admit it did not work.
Next was Obama who spent over a trillion dollars on a stimulus package that was supposed to wok and grow the economy.
Sadly it let to the slowest growth in 50 years and no wage growth at all.
Trump took office passed tax cuts, the economy started growing and wages picked up in ways that most economists on the left had said was impossible.
So now they say it was started under Obama, It just ended up happening under Trump after he passed a law that they said would “devastate” the country.
Somehow record law unemployment and rising wages is terrible. If it means wealthy people can actually keep more of their own money.