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Politics : Formerly About Advanced Micro Devices
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To: TimF who wrote (242628)7/22/2005 1:39:13 AM
From: tejek  Read Replies (1) of 1571477
 
Yes. It is. I have posted two articles that describe the phenomenon very clearly.

You have posted two articles that say the rich are getting richer faster then other groups, and that some other income groups aren't getting richer at all.

That ignores the fact that none of these groups are actually the same people over time. More importantly it doesn't demonstrate or even suggest that the rich are getting richer at the expense of the other groups. If you get a big raise and I get a paycut, or if your investment pan out while mine go in the toilet, its unlikely that you are getting richer at my expense.

On the contrary, it does.......as I have pointed out previously, the rich are not only getting richer, they are gaining a larger and larger share of the total pie. With the growth of the overall population, that insures that the rich are taking share from the non rich.

ted
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