Re:Ask HN: What currently makes you optimistic?
by cylinder on Tuesday August 06, 2019 @02:20AM
(#20622658)
You state inequality goes down then you show a link about wage increases the last two years. This doesn't address inequality and inequality is usually a wealth issue, not income, and not only over the last two years.
Re:Ask HN: What currently makes you optimistic?
by burfog on Tuesday August 06, 2019 @05:59PM
(#20630103)
Usually we vaguely mean both wealth and income when we speak of inequality, but in any case they are convertible. The high-wealth people aren't living on income. They are living on investments, which have taken a hit from the increased wages.
I specifically said "More recently" regarding the USA, so why object to it being over two years? Two years is recent. Things have gotten dramatically better for the less-well-off people over the past two years. This is something to be optimistic about.
Instability isn't always bad. It's how we put aside feudalism.
Climate change could make the Northwest Passage viable and open up a lot of valuable land.
Inequality has been going down. This is generally true around the world, and has been for decades. More recently, it is true within the USA: http://archive.is/lRxSi