First published at 12:24 UTC on January 18th, 2019.
Robert Reich of Inequality Media would like you to believe that the reason the national debt is growing is because the rich aren't paying their fair share of taxes. Not only is Reich ignorant of Hauser's Law and the other realities pertain…
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Robert Reich of Inequality Media would like you to believe that the reason the national debt is growing is because the rich aren't paying their fair share of taxes. Not only is Reich ignorant of Hauser's Law and the other realities pertaining to how much the government can hope to collect in tax revenues, but he also seems ignorant of the fact that under the Federal Reserve system, the government literally has to keep going into debt.
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