Loss of revenue resulting from:

(1) the cuts in government spending on domestic programs, as well as

(2) an increase in savings and an overall decrease in aggregate demand,

will offset the savings to the debt/deficit.

Charlie Buckowski in 2012!

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Who Should an Economy Serve?

The top one percent own half of all the world's assets. In stark contrast, the bottom fifty percent of the world owns less than one percent. According to the 2014 Global Wealth Report from Credit Suisse, global inequality has surged since the 2008 financial collapse. The report explains that while global wealth has more than doubled since the year 2000, the vast majority of overall growth has gone to those who were already wealthy.