Please give your insights on if this growing disparity of wealth is a concern to you or not. Why or why not?
It's a huge concern simply because the more people pay income taxes, property taxes, cap gains taxes; the less likely the govt. will raise taxes and the more taxes will be assessed over a larger sample of the population.
My problem is not with people making too much money, my problem is with not enough people making money. My problem isn't with people owning big homes, it's with not enough people owning homes (or knowing that renters pay property tax too.
If there is a vibrant economy and reasonable rules and regulations are followed then society should prosper and they'd be less need for government care.
However, if people learn that the govt. will furnish you food, housing, and healthcare then there will be more people who decide not to become gainfully employed and who will be satisfied with living on what the government provides them.
Somewhere out there is a point when people will say what am I working for? They'll see their neighbor or relative doing fine without a job. They'll say screw this, and stay home and then get in line for the freebies.
I realize that this seems coarse and cruel, but look at society today. Unemployment keeps getting extended, food stamp roles have doubles, people sign up for free cell phones, free scooters, and now they are promised free healthcare.
I know there are millions who ignore the temptation to just give up and get in line for govt. help; but there are millions who become captive by this lifestyle and learn to accept it as the way things ought to be.
Obama, and the Congress (Rep. and Dems) have shown that they have no stomach to stop the subsidies, and to make people more independent. They want to keep the status quo, and at election time run against the other side, but look where this has gotten us.
And it's not just minorities, it's not just low wage earners; you have the govt. subsidizing corn so we can burn it up in our cars despite the harm it does to engines and the lower gas mileage it provides. You have loophopes for the rich (those earning money) and loopholes for the poor (who get rebates despite paying no taxes)and there are scammers and leeches out there who know how to access the govt. trough and tap into the billions of dollars the govt. has printed.
Hard work can still get you ahead. That's the good news; however, it is only going to make you more and more of a target as the govt. decides what you make or have accumulated is too much and because they have annointed themselves as the arbiter between fair and unfair tha they can and will take it from you.
Beware of big brother. He is public enemy number one.