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U.S. Ranks 23rd Out of 30 Developed Countries for Inequality
The Atlantic ^ | January 16, 2017 | Gillian B. White

Posted on 01/17/2017 8:24:44 AM PST by RitchieAprile

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To: RitchieAprile

I guess they didn’t include socialist countries


41 posted on 01/17/2017 10:44:54 AM PST by wastedyears (all the snowflake tears can create a new ocean)
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To: RitchieAprile

Even I have a hard time grasping and liking the laws of subjective value. It is sad, that boobs who lose money for corporations get paid tens or hundreds of millions of dollars. Or that some idiot actor or baseball player gets paid multiples of a doctor who saves lives. But that’s life.


42 posted on 01/17/2017 11:05:49 AM PST by Sam Gamgee
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To: Pikachu_Dad

What I cannot grasp is countries, such as the Nordic ones, where wages are so tight. Why would you want to stop say being a general office clerk making $38,000 to be a supervisor getting paid say $40,000? Where is the incentive?


43 posted on 01/17/2017 11:08:00 AM PST by Sam Gamgee
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To: aMorePerfectUnion

Porsches are not built in Bowling Green, KY. Porsche has no U.S. manufacturing.

Corvettes, on the other hand, are built in Bowling Green . . .


44 posted on 01/17/2017 11:14:41 AM PST by FreedomPoster (Islam delenda est)
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To: Sam Gamgee

That’s the catch. There _are_ countries which have stabilized nicely at a comfortable level; sure they don’t have comparable poverty rates, but neither is there incentive to do a lot better. Expect the country to eventually stagnate into oblivion, most content where they are but the ambitious going elsewhere.

On that last note, someone should study the correlation between immigration vs inequality: sure we have a huge disparity of wealth, but we also have a huge number of people trying to get in here for a shot at that wealth.


45 posted on 01/17/2017 11:39:53 AM PST by ctdonath2 ("If anyone will not listen to your words, shake the dust from your feet and leave them." - Jesus)
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To: Sam Gamgee

Supply and demand.

Boobs who lose money for corporations still tend to bring in WAY more revenue than most anyone else would. Most people would crumble in days under the pressures of being a big-corporation CEO.

Idiot actors & baseball players get paid huge amounts because millions want to see the few dozen of them. Ex.: people are willing to pay $1 each to see Harrison Ford appear in Star Wars 7 ... easily making his $20,000,000 salary for that movie.

Life-saving doctors do great work, but there’s 854,698 of them to choose from - so you can shop around until their salaries come down to six figures. My doctor is great - and I’ve paid him thousands of dollars, but there’s only a few hundred patients paying him.

Economies of scale.


46 posted on 01/17/2017 11:57:31 AM PST by ctdonath2 ("If anyone will not listen to your words, shake the dust from your feet and leave them." - Jesus)
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To: RitchieAprile

In my life time I have seen 4 Billion stories decrying to haves and havenots in EVIL capitalist dog America.

Not once have a seen an article mentioning that 3% of the population commit over 50% of the murders. Not once!


47 posted on 01/17/2017 12:07:07 PM PST by The Toll
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To: RitchieAprile

“The United States is one of the richest countries in the world.....”
____________________________________________________________________

WRONG! The U.S. is dead broke but NO ONE wants to admit it!


48 posted on 01/17/2017 12:09:42 PM PST by freddy005
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To: FreedomPoster
"Porsches are not built in Bowling Green, KY. Porsche has no U.S. manufacturing.

Thanks, but I really don't care where they are made or not made. That wasn't the point of the post I pasted here.

49 posted on 01/17/2017 2:37:22 PM PST by aMorePerfectUnion
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To: chopperman

“Everyone is equally poor in many countries.”

Yep. Right there in the first sentence was the reason for the “inequality”.

“The trees were all kept equal
by hatchet, axe and saw.”


50 posted on 01/17/2017 2:39:30 PM PST by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts It is happening again.)
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To: aMorePerfectUnion

If you’re going to push a parable like that, get the basic facts straight. I agree with the idea, but it doesn’t take 2 minutes in the Age of the Internet to ascertain that Porsche doesn’t have a factory in Bowling Green. Nor a dealership, I’m sure. Closest is probably Nashvegas.


51 posted on 01/17/2017 2:51:12 PM PST by FreedomPoster (Islam delenda est)
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To: FreedomPoster

“If you’re going to push a parable like that, get the basic facts straight.”

You said it. It is a parable - meant to teach a reality. It is not a true story.


52 posted on 01/17/2017 4:35:50 PM PST by aMorePerfectUnion
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To: aMorePerfectUnion

If you’re using elements of reality in your parable, get the facts right. This isn’t that hard, isn’t asking much.


53 posted on 01/17/2017 5:14:36 PM PST by FreedomPoster (Islam delenda est)
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To: FreedomPoster
"If you’re using elements of reality in your parable, get the facts right."

Parable: A parable is a succinct, didactic story, in prose or verse, which illustrates one or more instructive lessons or principles.

Facts are irrelevant beyond illustrating the principle.

Thanks though.

54 posted on 01/17/2017 6:22:12 PM PST by aMorePerfectUnion
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