So how many generations do you think we will continue to tout this race-to-the-bottom mentality? "There are poorer people in India, sit down and be grateful!"

So how many generations do you think we will continue to tout this race-to-the-bottom mentality? "There are poorer people in India, sit down and be grateful!" The reality is millennials will have a worse standard of living than their parents. OK, maybe not the worst thing in the world. But what about my kids? Will they be worse off than me? What about my grandkids? There is a reason trends are important (just like global warming). Waiting until Antarctica melts before we do anything about it, is extremely stupid and short-sighted. Additionally, the same argument you made can be made against the 1% (or 0.1%). Tax the shit out of them, it shouldn't matter since their living standard will still be much higher than every other American. Why should the 99.9% be subjugated to a protestant work ethic, while the 0.1% are encouraged and celebrated for acting as ruthless capitalists?