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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (180869)1/18/2004 4:07:24 PM
From: Amy J  Read Replies (2) of 1571813
 
Hi Tejek, good post. Those indeed are the facts. Until society accepts those facts, there will not be a solution. Any increase in a rich person's wealth is nearly always due to investments, because wages are a small component compared to investments. Investment gains have a chance of being (percent wise) larger than wage gains.

So, I think the solution is to make everyone in America an investor so their gain on a percent basis has the chance of being equally as good. The wealthy increased earnings by at least 10% last year, while the middle class had nearly flat wages. Obviously, the government needs to address this disparity, but in a way that doesn't hurt the growth of the GDP.

This gets more important as the global supply of middle class workers increases over the next decade.

Regards,
Amy J
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