Neoliberalism has resulted in preference for greater income inequality
The phase of politics we have entered is the post-culture wars. It&#x27;s no longer red vs blue. It&#x27;s wealth redistribution vs not. &quot;Pay my college tuition loans!&quot; or &quot;give me $ for a new ev car&quot;<p>But break down what that means? The predominantly rich are who get into those ivy league schools and rack up giant student loans. You&#x27;re planning to pay off rich kids loans?<p>Anyone who already paid off the loans gets nothing? People who didn&#x27;t go to university gets nothing? Also how&#x27;s that money printing going? 8.5% inflation and still rising... You want more of that?<p>Lets go further. Let&#x27;s just imagine we decide to reset. They print a million $ per person and everyone gets it. Everyone is back to equality.<p>Inflation will obviously blow up and find some equilibrium eventually. We eliminate all debt. What happens? The poor will burn that million so fast. It&#x27;s the mentality of the psyche, no different than a dog who eats their food as fast as possible fearing they might lose it.<p>The rich take the million and buy as much investments as possible right away.<p>In a couple years we go check on how things are doing... the rich are rich. the poor are poor. Nothing changes. People need to understand that money doesn&#x27;t work this way. Want to eliminate inequality? Teach people to not be poor, teach them to bust their butt doing something useful to society.