When they passed the tax cuts, the opposition said it’ll increase inequality! Companies will buyback stocks and stock pile money!
And they did.
When you can give government a cudgel to use on the people they will.
In that vein, Economics has been a cudgel. It has absolutely fuck all nothing to do with physics and is often ex post facto. “This is how it was so it’s how it must be.”
What a shock, since that’s essentially traditional values level emotional thinking and oh right a lot of our economic policy has been formed by limbic systems captures by childhoods of having “believe in bullshit forever” jammed down their throats.
Neuroscience has revealed too much about the functional loops in our brain for me to buy anything else. This was emotionally fueled justification to stick to a social meme. Not useful science or social philosophy. More of the same “justify in math, a language the masses cannot reason around well, the structure of our inequality.”
Economists are yesterdays wise men and today more like the those who insisted we’d be driving nuclear powered rocket cars: crackpots