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To: Lurker

Also you might enjoy this from wiki under American Standard of Living.

Since 1975, practically all the gains in household income have gone to the top 20% of households... The rise in GDP in 2004 and 2005 was undergirded by substantial gains in labor productivity... Long-term problems include inadequate investment in economic infrastructure, rapidly rising medical and pension costs of an aging population, sizable trade and budget deficits, and stagnation of family income in the lower economic groups. -CIA factbook on the US economy, 2005.[13]

The United States has one of the widest rich-poor gaps of any high-income nation today, and that gap continues to grow.[16] In recent times, some prominent economists including Alan Greenspan have warned that the widening rich-poor gap in the U.S. population is a problem that could undermine and destabilize the country’s economy and standard of living stating that “The income gap between the rich and the rest of the US population has become so wide, and is growing so fast, that it might eventually threaten the stability of democratic capitalism itself”.[17]

When Alan Greenspan, a former disciple of Ayn Rand, says we are having this problem, you may agree or disagree, but you can’t just dismiss him out of hand.

parsy, who really believes what he is saying.


103 posted on 07/05/2009 5:08:17 PM PDT by parsifal ("Knock and ye shall receive!" (The Bible, somewhere.))
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To: parsifal
parsy, who really believes what he is saying

Therein lies your problem. You really believe the crap you're posting.

What you don't realize is that once you're willing to toss out the rules the Federal Government is supposed to operate under you leave us all at the mercy of whatever idiot 51% of the voters manage to put into office.

You've ceded the premise of the argument and that is why people like you, with the best of intentions, will bring about the deaths of millions of your fellow citizens.

And your last thought as you're being shoved up against a wall will be "But this isn't what I meant!"

106 posted on 07/05/2009 5:20:29 PM PDT by Lurker (The avalanche has begun. The pebbles no longer have a vote.)
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