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View Diary: Skeptical of Recovery? Report to the Ministry of Plenty (43 comments)

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  •  I apologize... (0+ / 0-)

    ...for drive-by posting then and will endeavor to be more clear in the future.

    It's difficult to make this point sometimes, but Americans are far richer than most other people, and those people have little regard for the 'problems' of losing your personal single-family house and the like. To everyone else, Americans are the rich, and I guess it galls me to hear people with the leisure time to post on a computer network from a personal computer that they probably own talking about the distribution of wealth between the rich and the very rich while ignoring the truly poor.

    •  I agree with you point (2+ / 0-)
      Recommended by:
      Sparhawk, linkage

      that there is a process of leveling the global table. A similar process went on between the US and Europe in the 19th C. No single nation can completely control such a complex process. The US's share of the global pie has been on the decline and no doubt will continue to be. However, what we do have is also poorly distributed. That can be changed without necessary reference to external economic conditions.

      •  This is true... (1+ / 0-)
        Recommended by:
        Fedallah

        ...but I don't think it would change a whole lot. The rich simply do not control enough resources that leveling the playing field this way would yield significant returns to the poor and middle class (and remember that there are negative externalities to even this process; the right-wing canard about not working if the motivation isn't there isn't entirely false).

        Certainly, there are things we can do to help the situation (single-payer health care, simplified tax codes, some tax increases on the rich perhaps), but generally speaking there's not that much to work with here.

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