LOL I clicked on that out of random curiosity but it’s pretty awesome.
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.
In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
I’d say you were fudging the statistics yourself but then you’re not using any to backup your idiotic opinion.
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
How is it possible that you did not see or hear about all the studies and investigations about the rich getting richer and the poor getting poorer?
I don’t know how you can do it. Do you ever read or listen to the news and current affairs?
Witty Rejoinder said:
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
I’d say you were fudging the statistics yourself but then you’re not using any to backup your idiotic opinion.
OTOH, maybe he is just making a perfectly valid point that there has indeed been a substantial increase in wealth in some of the poorest countries in the world, as well as the very rich taking a disproportionate share of wealth gains in some of the richer countries.
The Rev Dodgson said:
Witty Rejoinder said:
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
I’d say you were fudging the statistics yourself but then you’re not using any to backup your idiotic opinion.
OTOH, maybe he is just making a perfectly valid point that there has indeed been a substantial increase in wealth in some of the poorest countries in the world, as well as the very rich taking a disproportionate share of wealth gains in some of the richer countries.
In China at least inequality has gone up alongside increasing incomes overall.
The Rev Dodgson said:
Witty Rejoinder said:
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
I’d say you were fudging the statistics yourself but then you’re not using any to backup your idiotic opinion.
OTOH, maybe he is just making a perfectly valid point that there has indeed been a substantial increase in wealth in some of the poorest countries in the world, as well as the very rich taking a disproportionate share of wealth gains in some of the richer countries.
As they also did in the poorer countries.
https://i.imgflip.com/3xgu9j.jpg
ms spock said:
also fights for “The Little Guy” that the Horsey Set routinely trample under foot.
This isn’t about Rich Nations vs Poor
it’s every man’s struggle to put bread on the table
while the generationally well endowed tell them to “Eat Cake”.
As the American Blacks remind us that;
“It’s easy to say ‘pull yourself up by your own bootstraps’ when you don’t even have boots!”
Even those who attempt to achieve the promise of higher education are held back by a system
of Student LOANS @ Usury Rates that keep graduates in poverty paying off the loans for DECADES.
As George Carlin r.i.p. said;
The Table Is Tilted!
THE SYSTEM IS RIGGED!!
It’s A Big Club…. and YOU Ain’t In It!!!
PermeateFree said:
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
How is it possible that you did not see or hear about all the studies and investigations about the rich getting richer and the poor getting poorer?
I don’t know how you can do it. Do you ever read or listen to the news and current affairs?
The whole purpose of the news media is to make people furious. Why would you want to subject yourself to that?
I watch documentaries, instead.
mollwollfumble said:
PermeateFree said:
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
How is it possible that you did not see or hear about all the studies and investigations about the rich getting richer and the poor getting poorer?
I don’t know how you can do it. Do you ever read or listen to the news and current affairs?
The whole purpose of the news media is to make people furious. Why would you want to subject yourself to that?
I watch documentaries, instead.
Wealth distribution follows a Pareto distribution. You can fight it for a while by doing things like introducing social welfare or mass murder. But the Pareto quickly re-establishes itself.
And what the Pareto distribution tells us is that the gap between rich and poor:
a) Isn’t a gap, it’s a continuum.
b) Stays the same over all time.
mollwollfumble said:
PermeateFree said:
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
How is it possible that you did not see or hear about all the studies and investigations about the rich getting richer and the poor getting poorer?
I don’t know how you can do it. Do you ever read or listen to the news and current affairs?
The whole purpose of the news media is to make people furious. Why would you want to subject yourself to that?
I watch documentaries, instead.
the government stimulus during covid didn’t seem to put everyone equally on a trajectory of life improvement, especially in context of the big silly of very low interest rates that contributed to the inflation presently
absolute poison very low interest rates are, highly distorting
mollwollfumble said:
mollwollfumble said:
PermeateFree said:How is it possible that you did not see or hear about all the studies and investigations about the rich getting richer and the poor getting poorer?
I don’t know how you can do it. Do you ever read or listen to the news and current affairs?
The whole purpose of the news media is to make people furious. Why would you want to subject yourself to that?
I watch documentaries, instead.
Wealth distribution follows a Pareto distribution. You can fight it for a while by doing things like introducing social welfare or mass murder. But the Pareto quickly re-establishes itself.
And what the Pareto distribution tells us is that the gap between rich and poor:
a) Isn’t a gap, it’s a continuum.
b) Stays the same over all time.
Even if it is doomed to be a Pareto distribution, what sort of Pareto distribution is not fixed, and in fact varies hugely between different countries.
transition said:
mollwollfumble said:
PermeateFree said:How is it possible that you did not see or hear about all the studies and investigations about the rich getting richer and the poor getting poorer?
I don’t know how you can do it. Do you ever read or listen to the news and current affairs?
The whole purpose of the news media is to make people furious. Why would you want to subject yourself to that?
I watch documentaries, instead.
the government stimulus during covid didn’t seem to put everyone equally on a trajectory of life improvement, especially in context of the big silly of very low interest rates that contributed to the inflation presently
absolute poison very low interest rates are, highly distorting
of course if some volatility and uncertainty were to be manufactured – amplified – some appeal to market forces, the swings and then higher interest rates serve you know what well, affirm who and what is master
mollwollfumble said:
PermeateFree said:
mollwollfumble said:
I don’t think that there is widening inequality. Multinational companies are superb at transferring money from rich countries to poor countries, and governments are excellent at transferring money from rich to poor people within a country.In a nutshell, the poor are getting richer faster than the rich are.
Of course, it is always possible to fudge the statistics to show the opposite result.
How is it possible that you did not see or hear about all the studies and investigations about the rich getting richer and the poor getting poorer?
I don’t know how you can do it. Do you ever read or listen to the news and current affairs?
The whole purpose of the news media is to make people furious. Why would you want to subject yourself to that?
I watch documentaries, instead.
They have even made documentaries about the rich getting richer and the poor getting poorer. I guess you are too inwards looking to notice.