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shared by Shuan Pai on 09 Nov 10 - Cached

no significant barrier to the accumulation of wealth by individuals
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If the rich do well, benefits will "trickle down" to the rest.
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To qualify as TDE a country must have either a low or flat rate tax on income or only a mildly progressive one (to insure that the rich can continue to get richer, or to trick the poor and middle income people into thinking they can get more and keep it).
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John Maynard Keynes published his General Theory of Employment, Interest and Money in 1936 and its main thesis was that the federal budget need not always be balanced. Indeed Keynes proposed that the federal government should run a deficit, especially during a recession/depression.
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shared by Shuan Pai on 09 Nov 10 - Cached

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