Quote:
|
Originally Posted by dksuddeth
host, it's reallly simple actually. There are two ways to remove wealth inequality.....
...2) make people totally independent by removing the constraints on trades and specialties that wealthy individuals have bought to protect their wealth, allowing people to pursue their interests with a view to prosperity.
|
Doesn't work, dk....we'll "trickle down" into widespread unrest...... read the documentation in the OP. Are you really offering a proposal to remove existing impediments to the rich getting even richer, more quickly? Who is in the best position to immediately leverage gains from the changes that you're advocating? The lawyers and lobbyists the rich pay to write the language of regulatory "reform", <i> removing the constraints on trades and specialties.</i> Then they'll "front run" the reforms, positioning themselves for initial profitable opportunities.
You're gonna "grow" your way out of the trend? We're heading into a period of extremely deep recession, and during the boom just ended, the lowest income tax rates on the highest incomes since 1916 didn't disperse any wealth, it became even more concentrated, in their pockets and in the increase to our treasury debt burden.
I predict that you will have an opportunity to use your guns to protect "what's yours"....
Here is some news from a neighbor in the US's "gini neighborhood", here's what gini 53, looks like...and we're only 8 points away !
Quote:
http://www.thestandard.com.hk/news_d...=20071101&fc=7
Lawmakers call for revival of disbanded poverty commission
Carol Chung
Thursday, November 01, 2007
....Last year's Hong Kong Gini coefficient, a measure of the inequality in wealth distribution, stood at 0.533 - the highest ever. A Hong Kong Council of Social Service study shows one out of five people in Hong Kong lives in poverty - twice the number 20 years ago.
An Oxfam study showed the number of "working poor," those earning less than HK$5,000 a month, had shot up by 87 percent over the past 10 years to almost 420,000.
|