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Commentary: I got rich by betting that inequality would destroy the U.S. and U.K. I’m sorry - Gary Stevenson (fortune.com)

submitted 2 months ago by chromolium_falcon@lemmy.ml to c/economics@lemmy.ml

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That is what happens when you slash taxation on the richest and allow inequality to explode. Your economies die, and your children don’t eat, and they wear thick jumpers, as I did, in the winter, and they shiver, with their families, in cold homes.

Meanwhile, someone like me will be sitting in a skyscraper, just a 15-minute walk away, betting on it, and that person will become a millionaire.

Then they’ll retire and they’ll buy a luxury apartment, overlooking a marina, and they’ll sit on a huge sofa and eat porridge, and they’ll watch the budget, and they’ll cry.

And in the houses down the road, the mom doesn’t eat, and she hopes the children don’t notice. But they do.

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[–] pop@lemmy.ml 9 points 2 months ago

That is what happens when you slash taxation on the richest and allow inequality to explode. Your economies die, and your children don’t eat, and they wear thick jumpers, as I did, in the winter, and they shiver, with their families, in cold homes.

And that is why the propaganda starts early and you're a traitor to question the logic.

There's also war abroad they trumpet up every so often to deflect from any responsibility. It's always "get-out-free-of-consequences" card and people feel smug for arbitrary reasons or downright lies to have their tax sent to kill innocent people in thousands while the military complex rakes in billions. So they have been doing it time and again with great success.

"Thank you for your service"