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TopicEnough about minimum wage. Should the law have a MAXIMUM wage?
frozenshock
07/04/18 12:56:04 AM
#48:


Giblet_Enjoyer posted...
Reiss posted...
Haha fuck yeah brother, share the poverty. Hail Stalin!

I hear things like this a lot but the math doesn't seem to add up

I mean the top 1% owns like, what, 50%? Of the wealth (or was it 80%?)

Where the fuck would the other 50% or 80% go in order to make everyone poor


Heh.

One thing that really stuck with me was from the 2008 presidential campaign. Obama was saying that the richest americans were owning a bigger and bigger percentage of the wealth while the poorest were owning a smaller and smaller percentage.

John McCain replied to this argument by saying that, yes the rich get a larger and large slice of the pie, but the pie itself is getting bigger and bigger... so that even if the poor get a smaller and smaller percentage, that smaller percentage means more and more wealth because the pie itself gets bigger.

I thought it made sense but whatever. It's probably one of those "true but misleading" things I suppose.
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