Thread: Let's start
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Old 11-30-2018, 11:43 AM   #20
Pete F.
Canceled
 
Join Date: Jun 2003
Location: vt
Posts: 13,069
Quote:
Originally Posted by Jim in CT View Post
so when is it acceptable to you, for someone to accumulate massive wealth, thus contributing to wealth inequality? Are the Clintons evil
for doing so? Are the Obamas evil for doing so?

Wealth inequality wil
always increase as the economy grows, because wealthy people
have more to invest. Pete, would
you support a law, which tells
people that after their wealth surpasses a certain amount, that they are no longer allowed to work or to invest?

All of the bitching about wealth equality, is based on the demonstrably false
assumption, that one persons wealth causes someone else’s poverty, as if the economy is some
kind of see saw. One side goes up, the other must go down. It doesn’t work that way.
Posted from my iPhone/Mobile device
Jim, there are not just 2 people on the see saw.
There are people spread out all over it.
And in the last 30 years there are fewer on the wealthy side and the ones in the middle are moving ever closer to the poor side.
I guess I should just realize that middle america is lazy, ignorant and makes poor choices and that is why it is shrinking.

Frasier: Niles, I’ve just had the most marvelous idea for a website! People will post their opinions, cheeky bon mots, and insights, and others will reply in kind!

Niles: You have met “people”, haven’t you?

Lets Go Darwin
Pete F. is offline