Re:Why Dumb Ideas Capture Smart and Successful People
by fallingknife on Sunday November 19, 2023 @09:03AM
(#38332703)
But you are wrong. Inequality has not grown over the last 20 years. https://fred.stlouisfed.org/series/SIPOVGINIUSA
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Re:Why Dumb Ideas Capture Smart and Successful People
by Tainnor on Sunday November 19, 2023 @09:19AM
(#38332840)
Why are you only looking at income inequality, only in the United States and only in the last 20 years? Look at where that graph was in 1980, for example.
Re:Why Dumb Ideas Capture Smart and Successful People
by fallingknife on Sunday November 19, 2023 @11:25AM
(#38334123)
Because you said "over the last couple decades"
Re:Why Dumb Ideas Capture Smart and Successful People
by Tainnor on Monday November 20, 2023 @03:19AM
(#38344527)
But I didn't intend 2000 to be an arbitrary cutoff. 1980 is important because it's right before Reagan- and Thatcher-style economics. And if you look at measures of wealth inequality (e.g. the share of wealth owned by billionaires), that's actually become worse especially during the pandemic.