Thursday, October 30, 2014

Are We Overreacting to Income Inequality?


I admit my uncertainty, but for the most part I agree with you, Senator Bernie Sanders; income inequality is a problem. But, I am not convinced that putting more money in peoples' hands is the way for the little guy to get more stuff. I know there is data that says giving people a raise actually gets them more stuff, but I have to wonder if that is short term economics because of factors like ever increasing inflation.

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