I think - and it's a far from concrete conclusion - that the sheer scale of public spending needed to see us through this crisis will make it impossible to argue against taxation and 'big' government for at least a generation. It would explain why so many ghouls are so spooked.
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Yes, TAX the RICH with ASSETS more! Pay the poorest MORE - Flatten the income inequality with UBI Yay! No wonder Duncan Smith, and the 1922 are spooked!
Loosing any, tiny bit of their privilege is their biggest nightmare.
