“Will Piketty or Krugman address my rebuttal? Of course not. It does not meet their socialist agenda.”
HOORAY Mike Shedlock! Thanks for posting, Kaslin.
10. “Divide and govern”
6. But the grand nostrum will be a public debt,
11. As soon as sufficient progress in the intended change shall have been made, and the public mind duly prepared according to the rules already laid down, it will be proper to venture on another and a bolder step toward a removal of the constitutional landmarks.
http://www.constitution.org/cmt/freneau/republic2monarchy.htm
Socialism Is Legal Plunder - The Law; Bastiat
http://bastiat.org/en/the_law.html#SECTION_G022
If Thomas Piketty believes that people should pay more taxes he can lead by example and voluntarily send more money to his government. He can start paying more taxes RIGHT NOW, without any government action mandating it.
But he doesn’t do that, does he?
When we had something like a Free Market, we had fast growth, rising incomes for the poor, and lots of social mobility.
As the Progressives took over, as government got bigger, as we got more socialistic, we got low-growth capitalism, combined with high levels of inequality and low levels of social mobility.
But I guess that fact escapes them.
Life is unfair. Guess he missed that lesson
As unfair as this guy having recognition and Rush’s good books not getting a fair review from those who are unfairly believed to be unbiased,, I’d say
But doesn't he understand? It's a Major Award.
Piketty is just another marxist who the media fawns over.
Tho it is surprising he rejects the govt honoring him since he would like it to be all powerful.
Bert’ rule....
the reason for income inequality is inequality of capability and effort.
Laziness breeds inequality