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Income inequality "solutions"

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Also easier to climb a mountain on a 13lb road bike with low profile carbon tubular rims and while weighing 120lbs. Why can't winter be gone? :smug:

Whoever said that all men were created equal hasn't been in a locker room. :D

Thanks for an interesting view point. The fact is we are all unique creatures that will have unique outcomes.

We can look back and see what happened when society decided that we should all be the same.
 
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In my view, rising economic inequality is a symptom of a sick economy, not a cause. Thus, I doubt that simple redistribution is a solution, nor do I think that anybody is seriously proposing it. Rather, the term "redistribution" is a political buzzword used to make public assistance programs seem scary. Likewise for talk of taxation as punishment.

If you want to reduce disparity, make the economy healthy. To make the economy healthy, look at the condition of the bottom 25% (or whatever threshold you choose). The simple reason is that the poor have more to gain than the rich have to lose, in terms of prosperity affecting their actual quality of life, as well as their purchasing power as consumers.

I don't have many ideas to offer, that haven't already been articulated in this thread. But I have one thought.

Entrepreneurism is important for the health of the economy, though it won't directly benefit the poor who have no capital. The US lags most advanced economies in entrepreneurism, with the exception of one area which is high-tech businesses surrounding our major research universities. I'd pump more funding into research and higher education (academic and vocational).
 
A "good thing" for who?

Your child? Your family? Your community? Your state? Your country? The world?

My children. And if every parent saw things this way, every child would be much better off.

When I had children, a switch flipped in me. Suddenly my life became about them. It was no longer about me. Now, I do WHATEVER it takes to see to it that they never have to worry about having what they need. For many, that switch never flipped. The day after having a child was business as usual. But for generations in my family it has been about the NEXT generation. Each one made things a little better for the next. People don't do that much any more. They try to satisfy themselves. That is why they spend their off time doing useless things rather than taking online courses (which you can do using the computer at the library if you can't afford internet or a computer.

There's more but it will fall on deaf ears (blind eyes).
 
In my view, rising economic inequality is a symptom of a sick economy, not a cause. Thus, I doubt that simple redistribution is a solution, nor do I think that anybody is seriously proposing it. Rather, the term "redistribution" is a political buzzword used to make public assistance programs seem scary. Likewise for talk of taxation as punishment.

If you want to reduce disparity, make the economy healthy. To make the economy healthy, look at the condition of the bottom 25% (or whatever threshold you choose). The simple reason is that the poor have more to gain than the rich have to lose, in terms of prosperity affecting their actual quality of life, as well as their purchasing power as consumers.

I don't have many ideas to offer, that haven't already been articulated in this thread. But I have one thought.

Entrepreneurism is important for the health of the economy, though it won't directly benefit the poor who have no capital. The US lags most advanced economies in entrepreneurism, with the exception of one area which is high-tech businesses surrounding our major research universities. I'd pump more funding into research and higher education (academic and vocational).

Peter Thiel is doing just that.

WSJ 12-19-13 page B-5 " Why Thiel Supports Dropouts"
 
My children. And if every parent saw things this way, every child would be much better off.

When I had children, a switch flipped in me. Suddenly my life became about them. It was no longer about me. Now, I do WHATEVER it takes to see to it that they never have to worry about having what they need. For many, that switch never flipped. The day after having a child was business as usual. But for generations in my family it has been about the NEXT generation. Each one made things a little better for the next. People don't do that much any more. They try to satisfy themselves. That is why they spend their off time doing useless things rather than taking online courses (which you can do using the computer at the library if you can't afford internet or a computer.

There's more but it will fall on deaf ears (blind eyes).

Imagine if we could progress to the next step of caring and working hard for every child, not just our own.
 
Care to explain in a little more detail? I'm curious.


I wouldn't mind trying to explain. However, in doing so I'd have to get into specific points which would violate this forum's policy on not getting into political discussions. In other words, it's hard to say what you really want to say. It's the same for religious discussions. If I said what I really wanted to say, I'd receive infractions from the moderators. There is a reason why politics and religion can't be freely discussed in a place like this. I agree with that policy for the most part, too. I'm not so bothered by the restrictions on political discussions as I am on religious discussions, though. Sometimes there are things I'd really like to say, but I realize that would not be a good idea. So, you show restraint. In the meantime, the obvious really good part about all this is that there are people here who know a lot about music and gear. There is something to be learned from them. That's mostly what I focus on, needless to say, although sometimes I'll take a look at the OT section. For some reason, the OT section seems to attract a noticeable number of interesting and intelligent people, even people I disagree with. IRL I often find myself befriending people I don't agree with. I enjoy the back and forth of opposing viewpoints. Unfortunately, on a message board, that's often hard to bring about. If the moderators weren't so skilled at what they do, it would be much worse, though.
 
Imagine if we could progress to the next step of caring and working hard for every child, not just our own.

Next step? I don't see that.

I think the next step would be holding the parent of the child responsible for the child. A fine if the child isn't feed. Jail if the child fails a class.

The child has their own parent designed to take responsibility for this child's happiness. We just need to make that clear.
 
Next step? I don't see that.

I think the next step would be holding the parent of the child responsible for the child. A fine if the child isn't feed. Jail if the child fails a class.

The child has their own parent designed to take responsibility for this child's happiness. We just need to make that clear.

Your utopia seems to have a lot more jerks in it than mine does.
 
My children. And if every parent saw things this way, every child would be much better off.

When I had children, a switch flipped in me. Suddenly my life became about them. It was no longer about me. Now, I do WHATEVER it takes to see to it that they never have to worry about having what they need.

I'm not a fan of utopia.

Occasional worries about needs are normal and healthy.

...and as much as I love my kids, the extent of what I'll do for them isn't limitless. Other folks rights and general decency come into the equation
 
I also think that pragmatically dealing with those who can't/won't help themselves in a manner that minimizes the overall costs to society is a matter of common decency.

I like this sentence.

I also like this sentence:

I also think that pragmatically dealing with those who can't/won't help themselves in a manner that minimizes the overall costs to the part of society not responsible for incurring said costs is a matter of common decency.

But I can never decide where I think the sweet spot between the two lies. I suspect the division between "can't" and "won't" comes into play somewhere, though. (edit: though isn't that implied by the word "responsible"?)

Hrm...
 
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