Your own words show you understand that the tax burden has shifted away from the richest people.
Don't focus so much on GDP, when the increasing Gini coefficient tells you it's unevenly distributed.
It's especially odd given how single-income families were more common in the 1950s, so a lot of adults had no salary.
If we really wanted to raise the GDP, use tax dollars to fund preschools. Unpaid parents (usually mothers) watching the kids for free isn't included in GDP. Paid teachers are. And those mothers can get a job, raising the GDP even more, all paid by a progressive taxation and wealth tax to help lower Gini.
Eating steak every day is a fool's errand. The metaphor being used to justify austerity is even worse. I was explaining a reason why people might have downvoted that comment. That you have a different opinion is besides the point.
Don't focus so much on GDP, when the increasing Gini coefficient tells you it's unevenly distributed.
It's especially odd given how single-income families were more common in the 1950s, so a lot of adults had no salary.
If we really wanted to raise the GDP, use tax dollars to fund preschools. Unpaid parents (usually mothers) watching the kids for free isn't included in GDP. Paid teachers are. And those mothers can get a job, raising the GDP even more, all paid by a progressive taxation and wealth tax to help lower Gini.
Eating steak every day is a fool's errand. The metaphor being used to justify austerity is even worse. I was explaining a reason why people might have downvoted that comment. That you have a different opinion is besides the point.