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There will always be income equality for the simple fact that not everyone is equal.
There will always be income equality for the simple fact that not everyone is equal.
There will always be income equality for the simple fact that not everyone is equal.
It is time that we talked about full employment as a goal of public policy
"The earth is given as a common stock for man to labour and live on. If, for the encouragement of industry we allow it to be appropriated, we must take care that other employment be furnished to those excluded from the appropriation"
-- Thomas Jefferson; from letter to James Madison, (Oct. 28, 1785)
There will always be income equality for the simple fact that not everyone is equal.
It's not inequality per se, but the size of the inequality, that's the point.
There will always be income equality for the simple fact that not everyone is equal.
The income distribution graph should form a smooth bell curve with most of the wealth in the hands of most of the people and where both the extremely wealthy and the poor are adequately represented.
It is time that we talked about full employment as a goal of public policy
"The earth is given as a common stock for man to labour and live on. If, for the encouragement of industry we allow it to be appropriated, we must take care that other employment be furnished to those excluded from the appropriation"
-- Thomas Jefferson; from letter to James Madison, (Oct. 28, 1785)
The federal government is the employer of last resort.
Lets put America to work. Any activity that the private sector ignores due to the degree of investment and / or low projection for returns should be immediately undertaken by the federal government.
And......some fun facts about our wonderfully fair economy.....with nice pictures.
Wealth Inequality in America - YouTube
The federal government is the employer of last resort.
Where does it say that in the Constitution?
Lets put America to work. Any activity that the private sector ignores due to the degree of investment and / or low projection for returns should be immediately undertaken by the federal government.
How about building perpetual motion machines? When the private sector declines to do something, there's probably a good reason. That's why government projects almost always turn out to be financial disasters.
The federal government is the employer of last resort.
Where does it say that in the Constitution?
Lets put America to work. Any activity that the private sector ignores due to the degree of investment and / or low projection for returns should be immediately undertaken by the federal government.
How about building perpetual motion machines? When the private sector declines to do something, there's probably a good reason. That's why government projects almost always turn out to be financial disasters.
There will always be income equality for the simple fact that not everyone is equal.
It's not inequality per se, but the size of the inequality, that's the point.
What's the magic number where it goes from being bad to good? The fact is it's not the difference in incomes that matters, it's how those incomes are obtained. If they rich get their money by voluntary exchange of goods and services for cash, that's all to the good. If they get it by greasing the palms of politicians, sucking up to government bureaucrats or being an Obama campaign donor, then that is harmful to society.