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We already have a massive war on poverty. Just the Govt. is $1T per year. http://www.heritage.org/multimedia/infographic/2014/12/total-welfare-spending-reaches
by dpweb 11y ago
We already have a massive war on poverty. Just the Govt. is $1T per year.
http://www.heritage.org/multimedia/infographic/2014/12/total-welfare-spending-reaches-949-billion http://www.heritage.org/multimedia/infographic/2014/12/total...
Economic Inequality is not bad per se, too much inequality is. At extremes, societies tend to tear apart in violence.
Startups are good. But execs get rewarded for dodging taxes, laying people off, global labor arb, and automation. It's not surprising inequality is increasing. There's tradeoffs in everything.
For all the hulabaloo about income inequality, tax policy could easily reverse the trend. It's not that complicated. It's a political, not an economic challenge.