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Let's talk about income inequality
#38
It really is simple economics. If we pay McDonald's workers 30k then everyone we pay 30k now, who have actual valuable skill sets, must increase proportionally to get back to a salary that demonstrates their superior skill set. Once that adjustment takes place at each earning level you may have shrunk the difference between the very top and the rung just below but not much else has changed. Inflation at that point eventually catches up and we are smack dab back where we were.

It's a noble idea, but one that will always fail.





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RE: Let's talk about income inequality - Au165 - 05-22-2015, 03:15 PM

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