One good thing in promoting a “fair economy” one can look at what they’ll get by looking at Venezuela. Everyone suffers together in the name of collectivism:
“Venezuela is projected to experience a deep recession in 2015 and 2016,” the IMF said Tuesday in its World Economic Outlook. The country’s real gross domestic product probably will contract 10 percent this year and 6 percent in 2016, it said.
Inflation in Venezuela, already the fastest in the world, will average 159 percent in 2015 and increase to 204 percent next year, the IMF said.
Hoosier Econ 