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Originally Posted by host
...in the US, the top ten percent hold 70 percent of all assets, and trending to still greater inequity.
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I think that one could easily point to any time, in American history, and pick out the sickenly rich, the incredibly wealthy, the very comfortable, the "average Joe", and the down and out. How is this point in time any different?
How would you propose to remedy this..."situation". I mean, if you start playing Robin Hood, and robbing the rich to give to the poor, then you will remove the incentive for innovation. On top of that, you encourage people to sit back and be non-productive.
Look. It's not that I'm completely unsympathetic to your concerns. I, too, grow angry when I read stories of CEOs that walk away with millions in salaries and bonuses, after running a company into the ground and laying off hundreds of the working class. That's not right. But, then neither, is punishing those that have earned the rights to the fruits of their hard work. Would you have Bill Gates just write everyone that makes less that $50,000 a check for $500?