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Monday, May 19, 2014

The Derponomicon: Part 19

A response to the parable of the pool: 

On the pool analogy. Once again, a completely false and misleading comparison. Our economy is far from a pool that we are all in together. There are TRILLIONS taken out of our economy by the very wealthy and corporations every year and put in offshore investments and bank accounts. A true analogy would be that the people in the deep end are taking thousands of buckets of water a day and pouring them into a series of tanker trucks that drive away with it, whereas everyone else is slowly pouring thimbles full of water into the shallow end. Once again this "redistribution of wealth" conservatives are always screaming about isn't about taking money from the rich and giving it to the poor, it's about leveling the playing field that the rich constructed in their favor over the last 3 decades where all the wealth gets redistributed to THEM. This isn't rocket science. 97% of all economic growth has gone to the top 1%, when the top half of the 99% are the ones putting in all the hard work and effort. If you can't understand that taking more and more FROM the economy and giving less and less back to the economy causes and enormous rift, no amount of poorly constructed half baked videos are going to help you understand. Just like anything else that is alive and grows, if it is not managed properly, it dies. If you cut down all the trees in the forest, without planting new ones, guess what? The forest dies. If you keep extracting more from.the economy than you give back to it, guess what? It dies. The economy should be treated like a business of any kind, or a well.managed forest, you give back to it as you take from it to help it grow and thrive. Too many people at the top are treating it more like a strip mine, and we all know what that has done for West Virginia.

The economy as a zero-sum game-YET AGAIN! 

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