re: Income inequality gap question from town hall

quote:

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I dont understand why this is a topic. The reason I've worked hard my whole life it to position myself in the upper half of the income spectrum. If there were no income inequality, I would have no motivation to work hard.

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I have always been a fan of income inequality. Without income or wealthy inequality, there is no differentiation of success. You cannot even reap the rewards of your successes.

I don't understand why income inequality or wealth inequality even matters. The real issue is the quality of life for the lowest earners. The quality of life for the lower earners is better than it is ever been even if the income inequality is greater than it has ever been.
That is a net win for the low earners. The focus on income inequality is not to help those in need of help, it is to punish those who are successful.

Not only should income inequality not matter but NC_Tigah posts shows exactly why it is such a faulty metric. The bottom 10% earners could increase their income by 100% and the top 10% could increase theirs by 10% and the inequality grows even though the change was 10x.