Re:Revealed: the 30-year economic betrayal dragging down Gen...
by yummyfajitas on Monday March 07, 2016 @12:53PM
(#11240277)
If you scroll up, you'll see I was responding to a person who said there is a problem if the new wealth is not going to the poorest economies.
If you are simply advocating in favor of ending left wing policies like exclusionary zoning and buying elderly votes with cash taken from the young, I agree with you.
Re:Revealed: the 30-year economic betrayal dragging down Gen...
by notahacker on Monday March 07, 2016 @01:38PM
(#11240595)
As I read their post, they were actually saying something more akin to "it's perfectly fair for low and middle income people in rich countries to complain about policy regimes limiting their ability to share in domestic productivity gains even though there are much poorer people overseas, since those policy regimes aren't actually anything to do with those poorer people"[1]
Which didn't strike me as the sort of sentiment you'd tend to disagree with either.
[1]by implication they're arguing they'd be less bothered if their purchasing power wasn't growing due to outsourcing competing with their job, since at least that'd be helping poorer people out.
It might be open to question how many young people with much less living space than previous generations actually are worse off given that thanks to economic development they'll live longer and have access to digital goods that didn't exist and more opportunity to avoid expensive housing through increased relocation opportunity than their elders did at the same age. But then again, if I wanted a graph which indicates a large fraction of people in countries like Britain who would be considered low-mid income by national standards are actually worse off, I could always use yours...