Gonna preface this with:
Holy ****,
BitchiBee, you
are actually capable of posting reasonably, please do more of this and less "lol top kek cuck" etc.
bahbahmickey, sadly, has an IQ of approximately 45.
Quote:
Originally Posted by bahbahmickey
Would you rather be a middle class 35 year old today or a middle class 35 year old 30 years ago? Please explain if your answer isn't "a 35 year old today AINEC".
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Originally Posted by BitchiBee
yeah ofc a 35 year old today, but thats because of technological advance.
Life is complex lets not conflate issues
This is the correct answer.
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Originally Posted by bahbahmickey
Technological advances brought on mostly from the evil rich people, right?
Yeah, dude, nothing about economic policy is predicated on assuming that rich people are "evil".
Quote:
Originally Posted by BitchiBee
I already explained to you that when a politician talks about a rising tide that lifts all boats or that trickle down will lessen economic disparity they are lying to you.
Trickle down increases the overall productivity of a society, and it does that well.
Quote:
Originally Posted by BitchiBee
The second part is important because that is what the economic argument regarding income inequality hinges on and why this argument is timeless and will never be resolved.
the left cares more about income inequality
and the right cares more about overall productivity
both are important and a functioning society is a balance of these two goods. Too much inequality and your country is unstable and prone to crime and revolution, too little and your country becomes unproductive and stagnant and eventually starves.
This also seems mostly right, with the caveat that in the case of "too little" income inequality, it has to be forced for it to be a problem.
Quote:
Originally Posted by BitchiBee
soviet union, china, venezuala... history is replete with examples of societies that grind to a halt after a few decades of radical egalitarianism
just as a thought experiment, high lvls of income disparity is bad on its face. If decreasing income disparity also improves the economy why doesn't it become the defacto ideology of every person and society of the world.
Eh, I think it is more complicated that this. Mostly people will tend to fight for their own self interest at the margin, and even if there was some policy that would result in less inequality and more productivity in the long run it isn't a given that we would a) recognize it or b) be willing to make any short term sacrifices to implement it.
Quote:
Originally Posted by bahbahmickey
Income inequality is a made up issue and has never and will never be a real problem in the USA.
Quote:
Originally Posted by bahbahmickey
I don't think it is settled. There are still a lot of people out there with jealousy issues who truly believe they are worse off if their neighbor gets a raise. And as long as there are a significant amount of these mouth breathers there will be candidates like bernie sanders (the really old guy who ran against hillary for the Dem nomination for a couple weeks before everyone realized he would get crushed by GOATrump) who tried to appeal to the emotion and stupidity of these people.
Again you illustrate why you are stupid.
Fundamental human nature is not changing. If you believe that lots of people "truly believe they are worse off if their neighbor gets a raise" (and to be clear, I agree with that to some degree. It is human nature to measure based on relative and not absolute factors) then that is
never changing. And if those people's unhappiness causes them to nominate and elect candidates who you think will hurt the country then
you have just identified why income inequality is a problem you imbecile.