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Politics : Formerly About Advanced Micro Devices

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To: TimF who wrote (322954)1/26/2007 12:37:32 AM
From: tejek  Read Replies (1) of 1573074
 
In any case, as Mr. Reynolds and others point out, income is not the only — or even the most — important measure of inequality. For instance, inequality of consumption — the difference between what the poor consume and what the rich consume — does not show a significant upward trend (Dirk Krueger and Fabrizio Perri, “Does Income Inequality Lead to Consumption Inequality?” The Review of Economic Studies, January 2006)..

Let's see........income doesn't matter when we are talking poverty and the inequality of consumption ratio is not changing so all is right with the world. Once again we have another puff piece from the right trying to confuse the issue by reassuring their readers that the growing income gap in the US is just more leftie hysteria. And appearing in the NY Times makes it no less a puff piece.

Let's cut to the chase. What is about poor people that you don't like and why do you begrudge them a decent life? Please note that I said a decent life; that doesn't mean a swimming pool nor more than one car nor a winter holiday in Cabo. Seriously. Is it you don't want to share? You don't like the way they look? You think they are all slackers? What is that makes you dig up articles that work over time in their attempt to deny there is a growing gap between the rich and the poor in this country when the facts say otherwise?
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