Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tejek who wrote (863354)	6/7/2015 7:10:31 PM
From: Brumar89	1 Recommendation Recommended By gamesmistress Respond to of 1579811

That a lot of "income inequality" is built into population dynamics. And the income stats liberals like to quote don't take things like age and education into account. Not to mention personal preferences and values. Income equality, all in all, is not something we should expect or even desire.

To: tejek who wrote (863354)	6/7/2015 7:35:59 PM
From: i-node	1 Recommendation Recommended By Brumar89 Respond to of 1579811

The "Inequality Lie": Someone else, like the Koch Brothers, having billions of dollars, somehow affects poor people negatively. It doesn't. There is no evidence it does, at all. And there is no reason even that it might. They are literally unrelated concepts. The "Inequality Truth:" The top-tier of wealth is not comprised of a single group of people. Over half of people in the country will at some point be in the top tier of wealth. Any person owning a home outright in San Francisco, then sells it, will be the in the top wealth tier until that money is spent; which could for a month, a year, or many years. A minuscule number of people are persistently in the top tier -- people like Gates, Buffet, etc. H/T Thomas Sowell.