@Harrison Bergeron"Jill saw a larger numerical increase than Joey,
even though it was the same percentage. Is Joey worse off than before because of
that disparity? "Everyone going up the same percentage would
mean no change in inequality. For income inequality to increase that would mean
something more like the rich gained an average of 3% while the poor gained an
average of 1%.
Happy Valley Heretic & RalphTime for a story problem. Joey was making $150,000/year and Jill was making $200,000/year in 2016. Both
saw their income increase by 25% in 2018. Johnny was working part time for
$20,000/year, but is now full time making $40,000/year. Sally was unemployed and
now has a full time job making $30,000/year.Questions:Who is now worse off than they were before? Jill saw a larger
numerical increase than Joey, even though it was the same percentage. Is Joey
worse off than before because of that disparity? Both Jill and Joey
are now making much more than before compared to Johnny and Sally. Are Johnny
and Sally worse off than they were before? Would it be better for
everyone to go back to the way it was because of the larger income disparity?
So, everyone is doing better, but we are unhappy because some have made more
gains than others?Pride and covetousness really do destroy
happiness. Rather than taking joy in the good I have, I will be unhappy because
someone else has more.Words fail to express the lack of wisdom. ..
There will always be inequality.People are not identical.
Harrison: "The AP will put a negative spin on every bit of good news during
a Republican administration. "The job of the media is not to be
the cheerleaders of government.Should the media have concealed the
fact that income inequality has worsened? Oh yes, let's bury
all the news that doesn't glorify our dear leader! Let us celebrate
the fact that the rich have gotten disproportionately richer thanks to the
Republican tax cut for billionaires!Ugh.
Harrison Bergeron said: "The AP will put a negative spin on every bit of
good news during a Republican administration. Everyone is doing, better but
because some are doing better than others, the entire article focuses on that.
"I guess the positive spin would be the rich are growing much,
much, much, wealthier and the rest of American still have jobs?That
tax break was used to buy back stocks so that shareholders increase their
wealth, but that doesn't effect the workers does it?How should
the AP have put a positive spin on the last GOP administration as unemployment
skyrocketed, along with debt, and a crashing economy?Nope when the
GOP is in charge it concentrates on concentrating wealth among the few.
yet inequality worsens"The AP will put a negative
spin on every bit of good news during a Republican administration. Everyone is
doing, better but because some are doing better than others, the entire article
focuses on that. What do you call that? Class warfare, socialism, jealousy, etc.
Socialism is only fair because it makes everyone equally poor (except the party
leaders, they are exempt). What would the AP headline look like if
we discovered the cure for all cancer tomorrow?"Cancer cured,
oncology professions predicted to see downturn"The focus of the
article would be about how terrible it was for people's livelihood involved
in the long-term treatment of cancer patients. These people really
are too much.
That's what trickle down does, until so much is at the top, that the bottom
revolt, see French Revolution for the end result of voodoo economics, aka the
only GOP economic plan. Inflation has gobbled up the measly tax
break, and raises that Donald is bragging about at his cheer rally's.