False. For this metaphor to work the richest guy would have to have been fed everyone's meal (by them) and then left varied numbered of fortune cookies for each of the others. The rentier society at work.
Remember in the real economy the top players get paid to hold on to the lower players money, or to lend one persons money to another person. They also benefit from a disproportionate amount of the tax dollars in the form of breaks, subsidies and even more importantly civil structures such as educated workers.
If the restaurant (and owner) are analogous to the government, could it not be inferred that the poorer of the patrons is given more while paying less? (not attempting to be classist, just seems like a reasonable inference)
I think its an ok analogy because its talking about federal government services and when talking about services like national security and currency protection they are all getting the same meal.
Oh, I dunno. Let's say I run a trucking company. I think I'm benefitting a lot more from the interstates (or state highways) than that guy who's broke who doesn't own a car.
Well the restaurant owner would either have to "eat" the loss by taking what they can pay, or allow the table to run a "deficit" by providing credit on the promise that they will pay it back the next week, or provide them with a smaller meal the next time going forward.
These pretty much describe the current world situation.
This article ignores the fact that many wealthy individuals, via investments and other rentier activities, are able to obtain lower effective tax rates than people who work for a living.
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[ 4.5 ms ] story [ 37.2 ms ] threadRemember in the real economy the top players get paid to hold on to the lower players money, or to lend one persons money to another person. They also benefit from a disproportionate amount of the tax dollars in the form of breaks, subsidies and even more importantly civil structures such as educated workers.
These pretty much describe the current world situation.
Well, eating a croissant and a glass of Bordeaux wine will burn a hole in the pocket though :-)