We are at emergency levels, page-195

Oh Dear - you are really insistent on destroying your own credibility aren't you!

The govt redistributed wealth to increase demand upon direction by their economists - in short they started a virtuous cycle of increasing demand and further prosperity as there was more wealth in more hands to feed into the cycle.

This undid to a degree the problems that vested interests caused by concentrating wealth in their hands at the cost to the rest of society.

Read Galbraith - I don't need to but you do!