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I don't see how the current financial crisis has anything to do with "stealing from the rich".

In fact, people have been likening to the sub-prime mortgage crisis as a scam made by the rich...

 

I'm not knowledgeable enough to comment on wealth distribution, income disparity, etc. I do know from basic macroeconomics though, that the austerity drive going on the world is simply counterintuitive. What is it going to do? Businesses invest in order to increase production capacity, and you increase production capacity when there is demand for your products that create the need for extra capacity. In short, you buy machines to make stuff, when you think more people want to buy stuff. I don't see how reducing our GDP is going to increase investment (which is going to further lower GDP, by a lot).

I don't see what abandoning the unemployed is going to do. The laziness argument can't hold, because 6% of the 10% were employed recently, and it's hard to believe that they were the types that just leached off benefits. Maybe they honestly can't find jobs, due to macroeconomic circumstances, out of their hands?

People want to balance the budget, but don't want to raise taxes, want to keep their own benefits, don't want to reform medicare (which is a huge part of spending), etc. Fucking contradictory.