Income Inequality and Left Wing Hypocricy

[Chad32]

I have an issue with the part of the quote that states the possession of wealth by another man doesn't hurt me. Given that there is supposed to be a limited quantity of money in the world, which is what gives it value, I'd say allowing a hundred people to hold more wealth than half the planet, or 1% of America holding more wealth than the other 99% combined, is harmful. People in modern society need a certain threshold of wealth to survive properly. We don't all need to be millionaires, or billionaires, but poverty does cause a lot of problems. It's not a coincidence that higher crime rates tend to happen in poor communities.

The golden age of prosperity happened when there were higher taxes on the rich, and a strong middle class. You'd think we'd all be well aware of this sort of thing given the past century, yet there are still people endorsing trickle down economics.