Middle Means What?

May 25, 2011 17:11

Okay, we need to define our terms. When people are described, either by themselves or by others, as being "middle class," that means they earn an about average wage.


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widening the gap

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Comments 5

albionwood May 26 2011, 02:47:52 UTC
But if we did that, we might have slightly fewer stinking rich motherfuckers, and if I understand the arguments correctly, that would be bad. Somehow. Hm.

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peristaltor May 26 2011, 23:04:56 UTC
Ah, but we wouldn't have fewer of them. They would simply be slightly less stinking rich as they, well, fucked their mothers.

Somehow. Yeah. Hmm.

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csue_n_moo May 27 2011, 01:13:20 UTC
Why, yes! Yes we should!

But that's evil class warfare redistributionist communism. Or something.

It's funny, I always describe Tom & I as "working class" even though we're both multi-degreed professionals, because we HAVE to work for a living. (Neither one of us has a trust fund.)

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metalmensch May 27 2011, 23:29:44 UTC
This seems pretty standard. I know I would redistribute some of my expenses if I wasn't given additional encentives to carry a higher mortgage load: I still support a flat tax.

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peristaltor May 28 2011, 18:50:14 UTC
Ah, the myth of flat tax efficacy. All you have to do to burst that myth's balloon is actually look at places where they still use the flat tax, like Estonia and Hong Kong.

I had a roommate from Hong Kong in college. He noted that HK had both one of the largest homeless populations and the greatest per capita concentration of Rolls Royces.

I would highly recommend a reading of The Spirit Level. The tinkle-down effects of widening income disparity extend far beyond economics.

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