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To: Kaslin

This whole argument is misleading when annual income is used to rank wealth. There is far less movement when net worth is used.


2 posted on 10/20/2015 5:43:37 AM PDT by freedomfiter2 (Lex rex)
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To: freedomfiter2
This whole argument is misleading when annual income is used to rank wealth. There is far less movement when net worth is used.

Not only that.

The data regarding income inequality is worthless as long as the government doesn't categorize "free" handouts (like AFDC, food stamps and EITC) and free services (like Obamacare, Obamaphones and college) as income.

After all - we who pay our own way have to pay for those things with money we actually earned.


5 posted on 10/20/2015 5:58:11 AM PDT by Iron Munro (The wise have stores of choice food and oil but a foolish man devours all he has. Proverbs 21:20)
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