One of the things accomplished by reckless tax cuts for the rich, aside from dampening GDP growth and creating
a smaller economic pie, was raising inequality.
Not exact matches
With the recent
economic sanctions and general tightening up to redirect the $ $ $ to other business (Syria campaign, next - gen weapons, & c.) the
pie is getting too
small to split among everybody, so all those various branches of corruption start fighting among themselves, and more and more of the assholes are going down.
«The GSE's major role in mortgage finance had the perverse effect of reducing the attractiveness of opportunities for banks in higher credit quality mortgages (the GSEs take their cut with the advantage of near - Treasury borrowing rates and far higher gearing, leaving a
smaller part of the
economic pie left for banks).»
And the GSE's major role in mortgage finance had the perverse effect of reducing the attractiveness of opportunities for banks in higher credit quality mortgages (the GSEs take their cut with the advantage of near - Treasury borrowing rates and far higher gearing, leaving a
smaller part of the
economic pie left for banks).
Economic security means letting the economy advance through technology change, not clinging to a
smaller and
smaller pie with more and more subsidies.