>> The only solution to it, the ONLY solution to it, is jobs. There is no other way to address wealth disparity.
You had remarked about "Generational Wealth Disparity".
I remarked, and clearly indicated as such, on Wealthy Disparity generally. That is, the solution to ALL wealth disparity -- whether generational or not, is found in jobs. That is the only conceivable solution, because jobs are a precondition to wealth. Government spewing money does not create wealth. While there are a few (like Solyndra operators) who receive such spew without earning it, most who receive wealth through government (e.g., Musk) generate many times the amount spewed in new wealth.
For a little perspective, open jobs at ONE of Musk's operations are shown in this eye-popping list of openings:
SpaceX - Careers
SpaceX was the beneficiary of a lot of government dollars -- all well spent -- in that Musk is a top-flight economist as well as an engineer. Musk realizes if he wants to continue to cash flow from government he has to continue to out-engineer everyone on the planet, and he does.
In all things economic, Jobs are the essence if you are going to have sustainability. Government spew is evil for this reason: It is never a good thing. Sometimes we have to have but it is always at a premium, and seldom returns value. |