Sunday, March 24, 2013

Time for redistribution yet?


Anonymous said...

Redistribution has been going on since the 60's. What do you think Welfare coupled with a progressive tax system is? Get you head examined.

lovable liberal said...

Good point. I failed to say which direction.

You're a bit off on the timing, though. The massive redistribution of both income and wealth upward didn't start until the 1980s and Reagan's return to the plutocracy of the 1920s.