Can Inflation Occur With E-Dollars ?

A modern state requires a lot of tax dollars to pay for making it work; keeping the flow moving together. Public spending is like the lubricant in an automobile engine. Without engine lub the independent parts would grind away with much friction.

Public spending in the wrong place creates inefficiency in the economic and social engine of a nation. Too much lube and too few engine parts doesn't work for progress. Cutting taxes to ridiculously low levels with a 20 trillion dollar public debt with a belief that reductions in 'welfare state' entitlements can be exploited top create a balanced budget and eliminate the public debt is silly.

Wealth in America is progressively concentrated with Republican and Democrat Party policies from leaders reinforcing the trend. Media sycophants and manic political leaders seem to want to keep mob hysteria and polity divisiveness gpoing over non-economic issues. http://www.nbcnews.com/news/us-news/hillary-trump-foes-keep-resistance-persistence-n725436

 Democracy is about the well being of the majority and politicians shouldn't be ashamed to pursue rational policies in behalf of the majority.

https://en.wikipedia.org/wiki/Wealth_inequality_in_the_United_States

The richest 1% are said to have more wealth than 90% of Americans put together. The poorest 73% have most of the debt. Washington politics primarily benefit the ultra-rich and globalism.  It has been said that 50% of the people of the United States share just 1/2 of 1% of the national income.

Democrat politics under the Obama administration slopped the poor and anyone they could retire or put out of the work force without adding to unemployment stats. Even so they focused on enriching politicians and the richest signing off on Bush II tax cuts with enthusiasm. Republicans simply like to berate the poor and starve them with a misbelief that good jobs are easy to be had with effort. Those that are comfortable and well to do cannot imagine that real effort can pay off with virtually nothing in the U.S.A. There is no objectively even field for work and individual progress over the course of a lifetime any more.

F.D.R. got a 90% tax rate on the rich and only very slowly did that decrease over several decades. He did create something of a welfare ethos since the private sector put millions on the bread line with the depression.

With a 60% tax rate on the 1% government could reallocate capital to ecological economic policy actualization through private enterprise rather than just welfare payments. Government could set paradigms for business bidders to fulfil that would be financed upon winning competition. Today though the Trump administration should create incentives for business to higher those out of work the most time, first. Real nationalism means taking up policy that benefit the majority of the people rather than the ultra-rich that tend to have globally allocated portfolios at any rate.

The people of the United States should try to keep some sort of reality in their thinking about what concentrated wealth and power means. The nation's founders revolted against concentrated wealth and power of British aristocrats. Several revolutions that shaped the modern world were against concentrations of wealth and power that reduced ordinary people to the status of peons or slaves.

Some have said that if one is happy living in a political manure pile one shouldn't stick one's neck out. The media tend to pacify the public when they are stimulating panic or hate, yet it is intelligent analysis that too often or generally is lacking. One needs to be circumspective too about current events in regard to history. Perhaps no one in the U.S.A. should have more wealth than 300x that of the average. Maybe corporations should be limited in size to 5000 employees.