Not a zero-sum game

Paul Ryan, from his speech to the Economic Club of Chicago:

“Class warfare may be clever politics, but it is terrible economics…

Redistributing wealth never creates more of it. Further, the math is clear—the government cannot close its enormous fiscal gap simply by taxing the rich.”

The economy, in other words, in not a zero-sum game. Never has been. Never will be.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s