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John K. Galbraith

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Simple economics tells us that if you spend more than you receive, you will have problems, and if you keep spending more than you receive, the problems will be exacerbated. The solution to these problems cannot be more of the same. It’s this line of thought that produces status barriers, making us look at one another with envy, coveting what our neighbor has, rather than making us realize that we all have the same opportunities our neighbor does.

If we (the “poor” and “middle class”) were allowed to keep more than 30% of what we earn, we’d be out there spending like mad and the government wouldn’t be burdened with the crushing problem of artificially stimulating the natural order of the economy.

WILLA JOHNS

Huntington Beach

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