tag:blogger.com,1999:blog-3267597063062817567.post6583240927079909123..comments2023-12-24T00:14:00.742-06:00Comments on Cup O' Joel: A recession is a crappy way to reduce income inequalityUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3267597063062817567.post-40485341718711304422011-12-13T13:59:26.080-06:002011-12-13T13:59:26.080-06:00I think you hit the nail on the head. Why be mad ...I think you hit the nail on the head. Why be mad somebody else is doing better than you? Why not instead figure out how you can do better for yourself and your family? <br /><br />A lot of what I hear these days, particularly from OWS, is that the top 1% should be doing worse, but we need to focus on how to make the other 99% do better in terms of income and lifestyle.Allen Klosowskihttp://thebigklosowski.comnoreply@blogger.comtag:blogger.com,1999:blog-3267597063062817567.post-31093927739175719462011-12-13T12:16:47.781-06:002011-12-13T12:16:47.781-06:00Was having a conversation recently about wealth/in...Was having a conversation recently about wealth/income distribution.<br /><br />Can liberals and conservatives politely agree that the only time an economy can grow is when "income inequality" is widening?<br /><br />Admitedly I haven't taken the time for research but as a ratio of income has the inequality widened that much I wonder? <br /><br />For example if a guy makes 80K and doubles his income to 160K vs a guy doubling a 900K to 1.8M? Is this considered widening the gap?<br /><br />Also, most folks have chosen a field that doesn't allow ascent into a 1M salary. So is median income a fair measure when comparing the top 1%. I'm inclined to think it isn't.namefromthepastnoreply@blogger.com