Re: Ditch the white cat, please
" However, that same million spread among the middle class buys 2000 fridges, keeping a whole factory of workers and their suppliers working."
Finally someone sez, sorta, what the core issue is here:
Who do we take money from to give to others? How much do we take? Do we set an amount above which no one can keep another unit of money?
Will this apply equally to all? Will the movie stars and sports heroes also be forced to a limit? Special exemptions for the politically connected based on need? Will some people's income caps be more equal than others?
Politicians make these appeals for income equality/redistribution based on the average voter's propensity to vote their self interest, taking from the rich to give them more has appeal and keeps politicians in power.
The question really is "By what moral authority do we take legal earnings from one group to give to another?"
For all the noble bleatings these appeals make, we are talking about "from each according to ability and to each according to need." It won't work today, it will result in a larger gap just as it has in the past. It merely changes who the elites will be. If you think crony capitalim is bad, try living under crony communism. And forget any notion that "This time we'll get it right", we won't...
Let us call these plans and notions what they are, the idea that some have the right to take and give what they didn't produce. Put the altruistic platitudes aside and defend this theft...