Comments by "whyamimrpink78" (@whyamimrpink78) on "Ben Shapiro's Anti-Bernie Propaganda DESTROYED With LOGIC u0026 FACTS" video.
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@Matt-ww9wv , wealth inequality is a very challenging issue to discuss. In a recent paper from the Oxford Review of Economic Policy entitled
"Measuring inequality"
They have an entire section on that. To give some points
"There are a number of challenges, however, in using wealth to study inequality. First, it is illiquid, so it may not give a clear reflection of one’s immediate access to resources. Second, the easily measurable components of wealth—like financial wealth—are incomplete. Take, for example, a student. In many cases their student debt will outweigh their other financial assets, and so they will have negative financial wealth. However, we would not typically say that they are in a worse position than never having studied at all. The reason is because the student has taken on debt to accumulate human capital, which is valuable as a means to increase lifetime earnings but not typically counted as wealth. Policies designed to reduce wealth inequality could therefore have many undesirable consequences, not least redistributing away from people with zero assets towards those with negative assets. "
This is a major problem I have with the far left. They cry "inequality" but don't go beyond that. Here, I have a 6 figure debt due to college loans. I am pursuing my PhD in physical chemistry. Will you say I am worse off compared to a homeless guy on the street with no debt? You would say no, but in reality I have negative wealth and he has little to no wealth, and thus has more wealth than me. You have to factor that in. No different than how Kyle and his fans cry about how half the nation earns $30,000 or less. Well, I and my colleagues fall in that stat. We are graduate students pursuing our Masters and PhDs. Do you think we are in bad shape?
The far left just throws out a stat as if it means something when the issue is far more complex than that. As for
" Examples like nobody in their company can make more than 8 times than the least paid employee is one that is popular.
"
Why? If you take the top 6 executives from Wal Mart and spread their money to the 545,000 lowest paid employees of Walmart, they will get an extra $147 a year. That's it. What do you gain by capping how much one earns?
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@Yo Momma , the UMass study is flawed. To start, they don't explain where they get any of their numbers. Next, they treat people like pawns. For example, starting on page 108 they talk about displaced workers and giving them new jobs. New jobs where? How will they be trained? What is they don't want the new job? What if they have to move? People typically don't like to move. There is a reason why that study was not peer reviewed nor published. Let me ask you, have you even read it?
On the College of Physicians, that is an invite only club. I will have to take time to read the first one but so far you are 0 for 2.
"Worker coops are no different, except there is a bunch of them voting instead of one dude"
Again, do you want a group of people, with no education, and no stock in the company making decisions? Worker coop can work in some cases, but not all. You are assuming that workers will be very knowledgeable in how a business operates and will care. Most don't.
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