Bad News with a silver lining

[Brian37]

Except, the information I just gave you is not about purchasing power or wages vs cost of living. That's simple stuff that has no bearing on the increased divide in wealth, and will be dismissed for irrelevance. What I gave you were the raw numbers showing that the divide in wealth is growing. I didn't say the quality of life of poor people is going down, either. Keep your red herrings in your own little goldfish bowl, please.

The data you provided shows that the income of rich people is growing faster than the income of poor people and the middle class. I don't know where you've been the last 5 pages of this thread but my position on that has been "So What?".

If Bill Gate's income doubles next year....his standard of living doesn't change one bit. I ask the question....what really matters?...what is really important? Growth of income or growth of standard of living? I would bet the the standard of living for poor people and the middle class is growing a heck of a lot faster than the standard of living of the rich is growing.

It is not a red herring to point out you guys are looking at the wrong data to make an accurate comparison of the plight of the rich versus the plight of the middle class/poor over the last 30 years. You found one statistical anomaly and you hang your hat on it instead of looking at the entire picture.

Nope, see that is a slick snake oil lie. You point to other country's poor and say our poor have it better. Compared to who? Japan has low wage workers too. They still do not have our wage gap or education gap. That is a BS tactic used by wealth to justify a race for more cheap labor.

---

"Wrong data" ............translation "It is right when I get what I want".