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RE: Some people cannot understand economics of scale. Bernie is one of those people. #freethemarket

in #meme6 years ago (edited)

50/50 split meaning the number of people employed by large corporations is almost as much as the number employed my smaller businesses. The U.S. Federal government employs approximately 2% of the workforce.

The wealth gap isn't an issue if everybody is getting richer. It doesn't matter that the rich get richer faster. That was my point. The "poor" now are far better off than the "poor" of 100 years ago for example. Wealth disparity itself is a meaningless statistic. Bezos getting richer doesn't matter. If everybody else was getting poorer, it would. However, this isn't a zero-sum game. The pie is always growing. One person getting richer doesn't mean someone else has to be getting poorer.

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“The "poor" now are far better off than the "poor" of 100 years ago for example.”

How do you define better off?

Speaking economically. Living in greater comfort, have more luxury items, are better off nutritionally, etc. The percentage of people living below the poverty level (a somewhat arbitrary designation anyway) hasn't varied by more than a few percentage points in decades but the standard of living has gone up, even for those at or below the poverty level.