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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?


To: Lane3 who wrote (4847)2/23/2008 12:08:39 PM
From: John Koligman  Read Replies (1) | Respond to of 42652
 
The trend is clear. Take the top 5 percent, or 10 percent if you like. Wealth is getting more concentrated at the top. Look at income surveys for college educated workers over the past 5 years. If I recall correctly they indicate little or no inflation adjusted income gains. That top 1 percent isn't freaking, they are the ones waiting in long lines for those G550's and 200ft Amels yachts.....

John



To: Lane3 who wrote (4847)2/24/2008 10:01:01 AM
From: Mary Cluney  Read Replies (1) | Respond to of 42652
 
<<<I've long complained that the attention given the top one percent is uncalled for and distorting. In any analysis, you throw out the top and bottom numbers. The one percent on either end represents freaks. >>>

In the movie "Glengarry Glenn Ross" the sales manager announced a new sales incentive plan. First prize is a Cadillac Eldorado. Second prize is a set of steak knives. Third prize, you are fired.

The top ten percent in this case is 30 million people. I know in a democracy we have to protect the minority, but at what point is too much? If one percent owning more than 50% is not enough, do we wait until it reaches 80% or 90%? Where is the tipping point?