In a very weak economy, when you say cut government spending, what you mean is youre laying off school teachers and youre de-funding various programs that put money into the economy. This means you have more unemployed people that then draw unemployment benefits and dont pay taxes. – Fareed Zakaria
Americans have so far put up with inequality because they felt they could change their status. They didnt mind others being rich, as long as they had a path to move up as well. The American Dream is all about social mobility in a sense – the idea that anyone can make it. – Fareed Zakaria
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