Slouching Towards Oblivion

Saturday, February 20, 2010

Income Disparity

I don't begrudge anybody's wealth.  Having had the privilege of making large dollars once upon a time, I know for a cold fact that not everybody earns every dollar they get, so ya gotta try not to be too much of an asshole about it - but mostly, it doesn't matter how you get it; if it's legal and within an ethical framework, then OK.

The problems come from the tendency for wealth (and the power that goes with it) to accumulate and be concentrated in the hands of an ever-decreasing number of people/families/businesses.  And the concentration always comes at the expense of the "middle and lower" classes.  BTW: it's hard to believe we still have to argue about, and worry over the separation and distinctions between "classes of people", but hey - there it is.

Anyway over time, more and more wealth belongs to fewer and fewer people in the "upper classes"; while more and more people in the "lower classes" get less and less.  And this is what that looks like in the US as of 2007:
























I will never support efforts to impose artificial limits on anybody's income, but we have to make sure that we're governing ourselves in a way that at least tries to ensure that everybody has a legitimate shot at making his life better.

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