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re: Is one major cause of wealth disparity a poor rate of return on social security?

Posted on 5/29/14 at 1:58 pm to
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 5/29/14 at 1:58 pm to
quote:

Of course it does.

No, it quite obviously doesn't.

If we are talking about an increasing wealth disparity between two classes, both could be falling, with the lower class falling faster than the other would lead to an increasing wealth disparity, just as both could be increasing, with the higher class increasing faster leading to increased wealth disparity.
quote:

If middleclass income/SOL doubles, but upperclass income triples, then somehow that is unfair to the middleclass


I don't know if it's fair or not to anyone, but it would, necessarily, lead to an increasing wealth disparity which is what I thought the thread was about. I could be wrong.

quote:

However your described perception is EXACTLY emblematic of leftist redistributional idiocy.
EXACTLY!
...THAT CONSTITUTES GREAT SUCCESS according to neosocialists!


I think you're becoming hysterical.

I'm trying to describe a phenomenon without injecting a value judgment. Basically TA was saying that there's nothing wrong with an increasing wealth disparity, I happen to think that if taken to extremes it can be dangerous for a society. That is my value judgment.
Posted by Taxing Authority
Houston
Member since Feb 2010
57453 posts
Posted on 5/29/14 at 2:57 pm to
quote:

If we are talking about an increasing wealth disparity between two classes, both could be falling, with the lower class falling faster than the other would lead to an increasing wealth disparity, just as both could be increasing, with the higher class increasing faster leading to increased wealth disparity.
Which is why disparity is a NOT a measure of wealth. It's a tool of propagandists trying to convince those that are actually getting richer--they are somehow getting poorer.
This post was edited on 5/29/14 at 2:58 pm
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