U.S. income inequality worst since 1928

[Eddie Teach]

Rich people don't pay enough taxes = they tend to form an aristocracy, as in ancient europe.  The next generation inherit their wealth, with not much to do to maintain their standard of living (see Paris Hilton, no talent, but lots of money.  Do we want a nation of Paris Hilton?)

Bad example. She's actually made quite a bit of money on her own.

[Admiral Yi]

As Berkut and I discussed the other day.  This is a real failing of the right as they view the only good regulation as no or very limited regulation.

Your statement does not logically follow from my post.

[Jacob]

As Berkut and I discussed the other day.  This is a real failing of the right as they view the only good regulation as no or very limited regulation.

Your statement does not logically follow from my post.

Your post seemed to say that the way to have good regulation is to have much less of it, which seems perfectly in line with CC's characterisation.

[Admiral Yi]

Your post seemed to say that the way to have good regulation is to have much less of it, which seems perfectly in line with CC's characterisation.

I was saying that the countries that are usually referred to when talking about gains to growth from improving regulatory environments are shit holes with horrible red tape.  Generally speaking it's not a subject that comes up when talking about sources of growth in well run first world countries.

[MadImmortalMan]

So. That wealth gap thingie. Anybody see the markets today? This whole year we've had the stock market going to the moon and the economy staying in the toilet. Still a mystery where that wealth gap is coming from? 

[fhdz]

Rich people don't pay enough taxes = they tend to form an aristocracy, as in ancient europe.  The next generation inherit their wealth, with not much to do to maintain their standard of living (see Paris Hilton, no talent, but lots of money.  Do we want a nation of Paris Hilton?)

Bad example. She's actually made quite a bit of money on her own.

She wouldn't have made a dime of it without the leg up she already had.

[Eddie Teach]

Perhaps not, but she doesn't fit the idle rich living off inherited investments paradigm.

[Siege]

So. That wealth gap thingie. Anybody see the markets today? This whole year we've had the stock market going to the moon and the economy staying in the toilet. Still a mystery where that wealth gap is coming from? 

Yet everyone knows where the Gap of Rohan is.

[MadImmortalMan]