(November 11, 2014 at 8:45 pm)Brian37 Wrote: Same with the economy. We know ratio wise that the bottom is NOT keeping up with the top even if you want to claim it is going up. It is an extreme because of the gap.
No you don't know that. Income is not a good indicator of consumption. Consumption is a good indicator of consumption. If you want to know if the bottom is keeping up with the top....look at consumption. Is the consumption at the top increasing? Sure...Is he consumption at the bottom increasing? Sure. Which is increasing faster?
You guys on the left like to latch onto income...because it sounds good and supports your narrative. It makes it easy for you to make rich people into boogeymen so you can scare people into voting/donating your way.