Comments on: Inequality is Shrinking, Does Anyone Care? http://www.investoralist.com/inequality-is-shrinking-who-cares/ where curious minds meet Tue, 31 Jan 2012 09:28:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Bad Credit Auto Loans http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-2753 Bad Credit Auto Loans Tue, 10 Aug 2010 19:07:31 +0000 http://www.investoralist.com/?p=813#comment-2753 Well, the fact's are that there are going to be people on the top and the bottom, their is no way around it, at least in our current system. The question is what do you do with the people at the bottom, because they're always going to be there. The system guarantees that. Well, the fact's are that there are going to be people on the top and the bottom, their is no way around it, at least in our current system. The question is what do you do with the people at the bottom, because they're always going to be there. The system guarantees that.

]]> By: TMM Blog Carnival May 2009 - First Edition | Understanding The Stock Market http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-1887 TMM Blog Carnival May 2009 - First Edition | Understanding The Stock Market Sun, 17 May 2009 11:16:00 +0000 http://www.investoralist.com/?p=813#comment-1887 [...] presents Inequality is Shrinking, Does Anyone Care? posted at [...] [...] presents Inequality is Shrinking, Does Anyone Care? posted at [...]

]]> By: The Roof And The Floor | OneMint http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-1005 The Roof And The Floor | OneMint Tue, 21 Apr 2009 08:02:56 +0000 http://www.investoralist.com/?p=813#comment-1005 [...] Investoralist had this excellent post on the narrowing of gap between the rich and poor and how the inequality gap was [...] [...] Investoralist had this excellent post on the narrowing of gap between the rich and poor and how the inequality gap was [...]

]]> By: Shaun http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-976 Shaun Mon, 20 Apr 2009 15:42:39 +0000 http://www.investoralist.com/?p=813#comment-976 Hehe, yes, I'm very American. ::grins:: Coincidentally, I'm eating a piece of apple pie right now. ;-) Hehe, yes, I’m very American. ::grins:: Coincidentally, I’m eating a piece of apple pie right now. ;-)

]]> By: Shaun http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-2840 Shaun Mon, 20 Apr 2009 15:42:00 +0000 http://www.investoralist.com/?p=813#comment-2840 Hehe, yes, I'm very American. ::grins:: Coincidentally, I'm eating a piece of apple pie right now. ;-) Hehe, yes, I’m very American. ::grins:: Coincidentally, I’m eating a piece of apple pie right now. ;-)

]]> By: Dana http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-974 Dana Mon, 20 Apr 2009 15:16:25 +0000 http://www.investoralist.com/?p=813#comment-974 Shaun, You have just summed up the quintessential American perspective - at least I hope you're American:), on equality. While Europeans work to attain an equality of outcome, Americans are much more concerned with the equality of opportunity. Shaun,

You have just summed up the quintessential American perspective – at least I hope you’re American:), on equality. While Europeans work to attain an equality of outcome, Americans are much more concerned with the equality of opportunity.

]]> By: Dana http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-2839 Dana Mon, 20 Apr 2009 15:16:00 +0000 http://www.investoralist.com/?p=813#comment-2839 Shaun, You have just summed up the quintessential American perspective - at least I hope you're American:), on equality. While Europeans work to attain an equality of outcome, Americans are much more concerned with the equality of opportunity. Shaun,

You have just summed up the quintessential American perspective – at least I hope you’re American:), on equality. While Europeans work to attain an equality of outcome, Americans are much more concerned with the equality of opportunity.

]]> By: Shaun http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-972 Shaun Mon, 20 Apr 2009 15:01:31 +0000 http://www.investoralist.com/?p=813#comment-972 Rather than focus on the fact that there are more rich people than ever before, we should understand that this doesn't happen like we're eating some sort of static economic pie. Warren Buffett isn't rich because he's made the lower class 40-something billion poorer -- he's rich because he's made himself 40-something billion richer. Economics is certainly not a zero-sum game. It's not a pie that we should all have generally the same slices of. Given that, economic inequality would be fine even if the top 1% owned 75% of the economy -- so long as the lower and middle classes inched upwards as well. I simply can't think of, well, any justification for believing opposite. If we care about income inequality, it should be because we care about the plight of the lower class -- inequality is not wrong, in and of itself. Anyway, just a few thoughts. This is coming from someone with a middle-class background and (almost assuredly) a middle class future. ;-) Rather than focus on the fact that there are more rich people than ever before, we should understand that this doesn’t happen like we’re eating some sort of static economic pie. Warren Buffett isn’t rich because he’s made the lower class 40-something billion poorer — he’s rich because he’s made himself 40-something billion richer.

Economics is certainly not a zero-sum game. It’s not a pie that we should all have generally the same slices of.

Given that, economic inequality would be fine even if the top 1% owned 75% of the economy — so long as the lower and middle classes inched upwards as well. I simply can’t think of, well, any justification for believing opposite. If we care about income inequality, it should be because we care about the plight of the lower class — inequality is not wrong, in and of itself.

Anyway, just a few thoughts. This is coming from someone with a middle-class background and (almost assuredly) a middle class future. ;-)

]]> By: Shaun http://www.investoralist.com/inequality-is-shrinking-who-cares/comment-page-1/#comment-2838 Shaun Mon, 20 Apr 2009 15:01:00 +0000 http://www.investoralist.com/?p=813#comment-2838 Rather than focus on the fact that there are more rich people than ever before, we should understand that this doesn't happen like we're eating some sort of static economic pie. Warren Buffett isn't rich because he's made the lower class 40-something billion poorer -- he's rich because he's made himself 40-something billion richer. Economics is certainly not a zero-sum game. It's not a pie that we should all have generally the same slices of. Given that, economic inequality would be fine even if the top 1% owned 75% of the economy -- so long as the lower and middle classes inched upwards as well. I simply can't think of, well, any justification for believing opposite. If we care about income inequality, it should be because we care about the plight of the lower class -- inequality is not wrong, in and of itself. Anyway, just a few thoughts. This is coming from someone with a middle-class background and (almost assuredly) a middle class future. ;-) Rather than focus on the fact that there are more rich people than ever before, we should understand that this doesn’t happen like we’re eating some sort of static economic pie. Warren Buffett isn’t rich because he’s made the lower class 40-something billion poorer — he’s rich because he’s made himself 40-something billion richer.

Economics is certainly not a zero-sum game. It’s not a pie that we should all have generally the same slices of.

Given that, economic inequality would be fine even if the top 1% owned 75% of the economy — so long as the lower and middle classes inched upwards as well. I simply can’t think of, well, any justification for believing opposite. If we care about income inequality, it should be because we care about the plight of the lower class — inequality is not wrong, in and of itself.

Anyway, just a few thoughts. This is coming from someone with a middle-class background and (almost assuredly) a middle class future. ;-)

]]>