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View Diary: Fiscal inequality: Godzilla vs. Ants (179 comments)

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  •  Yes, it does shrink the gap a bit. (0+ / 0-)

    That's why I think it's a bit misleading to exclude it. By way of example, think of a middle class family that's accumulated a few thousand through savings, or winning the 50/50 at the church social, or whatever. If they put that money in the bank to earn 0.1% interest, the diarist would count that as "wealth," but if they made the smarter play and used it to pay down their 5% mortgage loan, it would not count. To me, that makes no sense and results in misleading figures.

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