The United States of Inequality

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Subject:	Re: FWC: The United States of Inequality
Date:	Sun, 12 Sep 2010 12:30:23 -0700
From:	Jas Jain

Sword: "Maybe a dumb question - but why would everyone having an equal income be a good thing?"

 

This is an example of response/question that I have problem with. Who was talking about incomes should be equal? The problem is one of extremes of inequality and my only problem with the inequality in America is that is has been a result of systemic fraud. Both parties have actively supported fraud and born-and-bred Americans seem to have problem identifying fraud. BTW, India seem to have the same problem of income/wealth inequality based on corruption and fraud.

 

"Look at any country where incomes are equal and you will find one thing, everyone is equally POOR!"

 

And what are such countries? For example, Japan and Sweden have less inequality of incomes and they are not poor by any standards. Sweden ranks second (after Switzerland) in the world in competitiveness of its economy. Singapore ranks third in competitiveness but I don't know the income inequality in Singapore. However, Singaporeans seem to be lot happier with their system that American are with theirs, no? America has become an extremist nation under the System of the Crooks.

Jas

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