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Forget the opinion part. What about the facts presented?I always go to the Wall Street Journal for opinions on socioeconomic justice.
Forget the opinion part. What about the facts presented?
LOL - to heck with facts! I'm going with opinion!I'm not going to bother with their supposed facts. I've heard that the most wealthy and most powerful got wealthier and more powerful, more than usual, during the Covid-19 fiasco.
Why would it be? Various jobs require skills, training and experience that demand a higher wage. The brain surgeon earns, and deserves more, than the guy mopping the floors outside the operating room.After adjusting for takes and wealth transfer payments, it doesn't appear to be. In fact there is less OF IT THAN 50 YEARS SGO.
Opinion | Incredible Shrinking Income Inequality
Its rise is an illusion created by the Census Bureau’s failure to account for taxes and welfare.www.wsj.com
It's a great populist talking point to stir up class resentment and get votes though.
Mostly BS. Numerical dishonestly. They also suffered the the biggest DECLINE as the pandemic destroyed the economy in the early months.I'm not going to bother with their supposed facts. I've heard that the most wealthy and most powerful got wealthier and more powerful, more than usual, during the Covid-19 fiasco.
Maybe you should - they report facts not ideological effluvia.I always go to the Wall Street Journal for opinions on socioeconomic justice.
Income inequality is a nonsensical "idea". How can you compare the income of a highly educated professional with a high grad drudge? Income is driven by training, education and experience - particularly for in-demand specialties.Crap. I clicked to read the story but it hits a pay-wall.
I could read this part though:
Income Inequality - Its rise is an illusion created by the Census Bureau’s failure to account for taxes and welfare.
Which stands to reason. There is probably less income inequality now than there was 30 years ago. There will always be the Haves and the Have Nots. That's how the market works. People have different skills and ability to earn income. Naturally not everyone's income will be the same.
Ten men out of a world population of 8 billion? Very convincing.
I'm not going to bother with their supposed facts. I've heard that the most wealthy and most powerful got wealthier and more powerful, more than usual, during the Covid-19 fiasco.
The left cry about low-wage labor jobs while importing illegal aliens for low-wage jobs.
The left want cheap hamburger, eggs, lettuce, and chicken, and don't want to pay any more for it.
The left want their hair cut, nails painted, car washed, and lawn manicured for $20 bucks.
You want to know what they're really crying about? Their own wages.
Anyone using unadjusted data has a class warfare agenda.Data for this chart ends in 2020 but anyone who says the answer to "is income inequality getting worse" isn't a resounding YES has a bootlicking agenda.
Wealth inequality is even worse.
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After adjusting for takes and wealth transfer payments, it doesn't appear to be. In fact there is less OF IT THAN 50 YEARS SGO.
Opinion | Incredible Shrinking Income Inequality
Its rise is an illusion created by the Census Bureau’s failure to account for taxes and welfare.www.wsj.com
It's a great populist talking point to stir up class resentment and get votes though.
So you just go with what you hear that stirs you up?
I've heard
I mean, isn't that the real one people are complaining about though? None of those billionaires became billionaires from making an income. It was all from assets.Yep, but watch how quickly folks will want to change the topic to wealth inequality.
That's what's happening. Do want to pretend these illegal migrants are going to be working for $15/hr? LOL
I mean, isn't that the real one people are complaining about though? None of those billionaires became billionaires from making an income. It was all from assets.
My bed that was a double quote post above. I make that mistake too often. These boards suck technically.That's what's happening. Do want to pretend these illegal migrants are going to be working for $15/hr? LOL
Obviously, but shouldn’t the guy mopping the floors be able to at least afford rent and food?Why would it be? Various jobs require skills, training and experience that demand a higher wage. The brain surgeon earns, and deserves more, than the guy mopping the floors outside the operating room.
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