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There will always be income inequality just as there will always be a huge difference in humans.
No one is suggesting that income be equal. The issue is that the difference between the 99.99%ile and the 50%ile has grown by a factor of 10 in the last 40 years.
No one is suggesting that income be equal. The issue is that the difference between the 99.99%ile and the 50%ile has grown by a factor of 10 in the last 40 years.
+1. I really despise people who argue these points without being able to tell the difference between "leveling the playing field" and "making everybody just exactly equal. (which is impossible, y'know, so the argument is nonsense!)"
what's wrong with income inequality? There are successful people and some that aren't.
Just to repeat, no one (except a few uber-idealists) thinks income or wealth or anything like it must be completely equal among individuals.
Only Marxists get upset when there's a wealthy tier in an economy.
But when the disparity between the top and the median, never mind the top and the bottom 10%, hits the absurd multiples we are now seeing (and which keep growing at a rapid pace)... it is a grossly unstable economic situation. Everybody loses, excepting maybe the 0.01% with so much wealth they distort local gravity. And frankly, I don't give much of a sh*t about them, not with what's on the line here. "We'll send flowers."
It's not PC nowadays to discuss that we might not all be born with the same intelligence or motivations. There will always be income inequality just as there will always be a huge difference in humans.
In Lake Wobegon, every child is born above average.
Most professional politicians aren't exactly Mensa candidates. Most professional politicians didn't have the intellect or the grades to get admitted to an elite university. The estimates I've read is the average IQ in Congress is about 120. That isn't enough to get admitted to Med school.
The poor, government dependent people have more and more kids while responsible people don’t have kids they can’t afford. Maybe take away tax credits and every other incentive for poor people to keep having kids.
Most people are poor due to poor behavior. It shouldn’t be rewarded.
No disagreements from me. I don't know about taking away tax credits. I think the big benefits are Section 8 housing, Medicaid, & welfare checks.
all everyone cares about is getting theirs, once they have it, they don't particularly care about the rest
ask all the income inequality people why they don't invite the homeless into their homes and feed them? because they don't care that their own lives are better than other people, all they see is that other people have more than themselves
Heh, true. Those who bleat most loudly about income inequality hate the rich more than they love the poor.
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