Then you deliberately misinterpreted it, which, for somebody who spends so much time whining how other people are allegedly misrepresenting his remarks, seems rather hypocritical.
[QUOTE=Starving Artist]
People love to throw around the phrase that “The rich are getting richer and the poor are getting poorer”
[/quote]
Whatever reasons you think unspecified “people love to throw around” a particular phrase has nothing to do with my specific use of it.
As I made quite clear, I don’t believe (and am not trying to encourage anyone else to believe) that the mere fact of a rich person getting richer automatically must make a poor person poorer. As I also made quite clear, it is specific Republican policies that tend to cause both effects simultaneously.
[QUOTE=Starving Artist]
What they do is create the need for less spending
[/quote]
No, tax cuts for the wealthy do not create the need for less spending, as my previous cite documents. The idea that tax cuts for the wealthy inherently produce increased prosperity for everybody is just a conservative mantra unsubstantiated by facts.
[QUOTE=Starving Artist]
In the view of many, the poor are poor because they lack employment that sufficiently finances their needs…assuming they are employed at all.
[/quote]
And as I noted and cited, giving tax cuts to the wealthy does absolutely nothing overall to increase adequate employment for the poor.
Unless you want to have a complete command economy in which there are no rich and no poor and all economic transactions are micromanaged by government, a successful economy is always going to require some level of income redistribution to smooth out some of the random imbalances of market forces.
All reasonable adults in developed nations understand this basic economic fact. It’s only the anti-tax conservative whiners who keep sulking about “freebies for the poor” and the government “taking money from the rich” as if those were by their very nature some kind of intolerable indignities.
[QUOTE=Starving Artist]
I doubt one person in a hundred who hears the phrase “The rich keep getting richer and the poor keep getting poorer” thinks it means that the poor are getting poorer because they’re getting less rich people’s tax money. What they almost certainly think is that the poor are being deprived of income because the rich are soaking up a disproportionate share of the country’s available money.
[/quote]
I’ve never heard this interpretation, and your assumption that it’s overwhelmingly common doesn’t strike me as any more probable than any of your other myriad fact-free illusions about economics.
