And the idea "that the existence of a strong middle class appears to have been a prerequisite for prosperity and democracy" is not a defense against my charge! That is part of what I've written. You can have a strong middle class and ignore the lowest 10-15% at the very same moment. Trickle down doesn't work greatly from the rich to the middle class, and it doesn't work greatly from the middle class to the real loosers of the society. Der Amerikaner ist die Orchidee unter den MenschenVolker Pispers
That is part of what I've written. You can have a strong middle class and ignore the lowest 10-15% at the very same moment.
Sorry if I offended you. When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes