The reason the recovery is so slow is most Americans no longer have the money to buy enough to create more jobs. It’s inequality, stupid.
— Robert Reich on Twitter
I RT’d that. It may be an oversimplification, but it aligns with my views. Plus, I have this theory. The theory goes like this:
It is difficult to state a falsehood concisely. Conversely, ideas stated concisely tend to be true.
This is because truths tend to be self evident in simple terms. When you boil an idea down to its simplest terms, it is often readily apparent whether it stands on its own (evidently true), or requires additional explanation or argument to defend (less evidently true).
The reason the recovery is so slow is most Americans no longer have the money to buy enough to create more jobs. It's inequality, stupid.
— Robert Reich (@RBReich) August 30, 2012