[Swiftwater Gazette] Poverty and No Growth

Ed kroposki kroposki at att.net
Thu Dec 24 16:47:23 EST 2015


  Povertyand No Growth said by PhD December10, 2015 read the whole article at http://www.economicnoise.com/2015/12/10/60838/ Povertyand no growth in the US or worldwide shouldnot surprise anyone with proper economic instincts.An advanced economic degree is unnecessaryand probably not conducive to understandingwhat is happening. Theeconomic collapse caused by penalizing thesuccessful to reward the unproductive influences incentivesof both groups. Penalizing or diminishingreturns for effort means less effort. Increasingrewards for not working produces greaternumbers of non-working.

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