We are all social democrats now. Almost all of us (tags)
A few weeks ago, IMF chief Kristalina Georgieva said rich households should pay higher taxes. Inequality in income and wealth had reached proportions that threatened social peace. The head of the IMF, Alfred Kammer, called on the German government, as in previous years, to increase its investments.
The power of ideology is so great it easily creates a distorted perception of facts. Where money is spent is crucial, not the size of the public sector. The Internet, the touch screen, semi-conductors and the GPS were developed with state risk capital. Tax havens cause revenue shortfalls.