Didn't that drive the 1950 & 1960s in the USA? Taxing the rich and giving to the working class to build bridges, schools, GI homes, ... Isn't that classified as the most stable economy in their history? The only decades where the stock market was stable?
Part of the hilarious hypocrisy of the modern Republican Party is that they long for the glory days of the 1950s...but are completely opposed to the tax policy required to pay for it or the economic and social policies to implement it.
The dissonance resolves itself when you realize the "glory" they are talking about is not how our society uplifted Americans economically in that era, but how racial and religious hegemony was maintained.
I think these particular people would be happy to forego all economic progress made in the last 70 years if it meant they could return to a time when being male, white, straight, and Christian was all it took to be at the top of the social order.
Part of the hilarious hypocrisy of the modern Republican Party is that they long for the glory days of the 1950s...but are completely opposed to the tax policy required to pay for it or the economic and social policies to implement it.