Let's talk about income inequality

[6andcounting]

The favorite prop of those complaining about income inequality is always one of those pie charts. It plays into the notion that inequality is a problem solved by redistributing wealth. Of course, the fixed pie/zero sum game belief is complete fallacy. The solution is to create more wealth so that the economy grows and benefits everyone.

That's why many of Americans under the poverty line still have smartphones, cars and air conditioning. They are in the bottom whatever percent but still have access to the basic goods and services they need plus some. I don't think anyone can fully see the significance economic growth has on society as a whole until you consider all of JD Rockefeller's money couldn't by him the devices and internet access us poor and middle class folk are using right now.