Posted on 05/15/2014 12:59:04 PM PDT by econjack
When I was teaching Into Econ to Freshmen, the poverty line was set at $9600 for a family of four. I used to tell my students that I could end poverty overnight. They would look stupefied, and beg to know how. Simple, I said. You get everyone who makes $9600 or less, line them up, and shoot them. Their eyes went as big as pie plates and grumbled, to which I replied: “Now, how long is it before the guy making $9601 starts bitching that he’s the poorest person in the country?” From there we went on to a rational discussion of how impossible a perfectly even distribution of income is and why. We need to have that discussion again...and again...and again, until people realize that talent and worth are not evenly distributed.
Because beyond equality of rights under the law, people are all different and not equal.....
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