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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (7152)1/20/2012 3:03:28 PM
From: Bill5 Recommendations  Respond to of 85487
 
A widening rich-poor gap might be a societal concern if not for two factors:

1. This is a free society and everyone has the opportunity to earn as much as he/she can. (If the state was dictating people's income, the rich-poor gap would be a problem requiring a fix.) But because we are free to earn what we want, the government has no business in regulating income disparities.

2. We have the richest poor people in the world. So the gap, if there is one, is caused by the upper end. People are just too darn successful. So what's wrong with that?