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Study: America's Wealth Not Widely Distributed

Discussion in 'BBS Hangout: Debate & Discussion' started by pirc1, Apr 19, 2011.

  1. SamFisher

    SamFisher Member

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    You obviously stopped reading at #1 below, too bad, had you made it to #2, we could have avoided this....sad.

    Fortunately you didn't make it to #4 either, that would have been real hard.
     
  2. YallMean

    YallMean Member

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    Ling ling your comments are wide of mark. This study is about people's perception of wealth distribution, not about access to opportunities or the motivational power of the rich. If this data had been presented when Bush said the rich get same tax cuts as the rest because they also pay taxes, people would have been incited by that statement. Something is wrong with the system when 99% of the people holds only 20% more wealth than the top 1%. If fairness is only about "equal" access to opportunities of becoming rich, then economists should cease measuring the gap between the poor and rich using stats like the Gini coefficient. Your dream place to live would be Namibia where almost everybody in that country should be ultra motivated to work his/her way up given the astronomical wealth inequality there.
     

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