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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: TimF who wrote (585402)	9/13/2010 9:31:56 PM
From: J_F_Shepard	Read Replies (1) \| Respond to of 1578133

I have looked it up.....I wouldn't post it otherwise. " If I could wave a magic wand and increase my real wealth by a factor of two, but everyone richer than me got to have three times as much, except the top 1% who got 10 times as much (with those equal to or poorer than me having no change), I would do it and consider it a positive development, despite the fact that inequality would increase." BS....

To: TimF who wrote (585402)	9/18/2010 3:14:37 PM
From: combjelly	Read Replies (3) \| Respond to of 1578133

" I don't care about relative wealth, I care about absolute wealth, not just in total of course, if one guy had a quadrillion dollars and everyone else had almost nothing that would be bad" Well, ok. Over the past decade, the top 1% has increased their share of total income from 10% to 25%. Over the same decade, the median has decreased, when adjusted for inflation. With the further one gets from that 1%, the greater the decrease. So, the pie has gotten bigger, but most people got a smaller slice in real terms, not just relative.