Post #10495 by RaplhCramden on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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I have serious doubts that his policies will help the low income people as much as they benefit the higher incomes voters.

1) Politics professes that rich people get rich at the expense of poor people, all other things being equal.

2) Economics professes that a productive economy will benefit everybody in it, all other things being equal.

I think the history of the western world gives much more support to 2) than to 1), especially including the failure of systems that were set up specifically to correct the ills of a world where 1) is more correct.

IMHO,
R:)

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