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> The authors claim that spending inequality is the correct measure, but then provide zero research-based justification for this decision. I think it's self-ev
by wtbob 11y ago
> The authors claim that spending inequality is the correct measure, but then provide zero research-based justification for this decision.
I think it's self-evident, since they include bequests in total lifetime spending: spending is how much one actually gets to enjoy one's wealth.
> Well, that's a fine presumption, but perhaps we're more concerned by the increasingly capability of the top 0.1% of the wealth of this country (ie, the vast majority of it, as much as 80-90%) to buy our political process and start us down a feedback loop of no return.
When most of the top ten political spenders are unions, I don't think it's the wealthy who are buying the political process; if anything they are buying it back.
- a_thro_away 11y agoThe unions may spend more, no argument there, but in my mind it isn't the total amount spent, but the total amount spent per represented citizen.