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Politics : American Presidential Politics and foreign affairs
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To: TimF who wrote (44477)7/28/2010 8:42:59 PM
From: DuckTapeSunroof  Read Replies (2) of 71588
 
Re: If A transfers money to B, than A is poorer than he would have been had he not transferred money to B,"

Right.

No problem understanding that. No disagreement.

Re: "wealth increasing is not the same as wealth being transferred to them"

Never said that it was.

(I was always discussing the RATE of relative accumulation of wealth by various traunches of the population --- not 'transfers' or 'taxes' or 'deductions' or any other of the gross brick-a-brack but the NET results of all of those things on the accumulation/disaccumulation of wealth. As we already agreed was the appropriate metric: Net. You suggested it yourself as the appropriate metric.)

Who is GETTING RICHER, (accumulating wealth at a faster rate relative to other groups). What is happening in total, in the Macro sense... not the micro.
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