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Originally Posted by MerlinX";p="
Pretty much. I don't have a problem with income inequality. I think it's a good thing. Or, would you rather everyone earned the same, regardless of ability or effort?
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Yeah, like I was arguing for complete income equality. It's not a binary question, it's a spectrum. Gross inequality is nearly as bad as state-ordered equality.
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This widening income gap does not mean that people are getting poor so much as others are getting rich. And there is nothing wrong with this. Or are we now to judge wealth (or lack thereof) by what others have, rather than what we ourselves have?
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When real wages for the bottom 90 percent of earners are falling, your thesis doesn't hold.