“higher taxes will slow growth, but they can increase equality through wealth redistribution.”
Everyone should perhaps read the above assertion a minimum of ten times. You need to really pound it into your head. The Democrats are advocating economic policies that most assuredly will limit growth—merely to feel good about themselves. They will guaranteeably make us all overall poorer! How in heaven’s name does that help the so-called disenfranchised? Shouldn’t we instead focus on making the pie bigger for everybody?
When everything is said and done, Keynesian doctrines are an excuse for the “elites” to grab power and tell the hoi polloi what to do. They desire to become our benevolent dictators. The elites literally, and I am nor exaggerating in the slightest, contend that the vast majority of Americans are too stupid to handle their own financial affairs. They admittedly prefer not being so blunt—but that’s ultimately the only reasonable interpretation of the Keynesian mindset.
