Posts by sampo

Piketty thinks the 1% should cough up 80%. Discuss

Re: sampo Interesting Analysis Applied to the Wrong Subject

My apologies being unclear, I was referring to higher education which once had stronger government support here but no longer does. I was also referring to healthcare for the majority of the population outside of at-risk children and persons eligible for Medicare. My point is that we don't have the level of public benefits that offset income inequality to the degree that is found in Europe and the UK. And therefore I don't find that the point of this article makes sense when you consider the US.

Interesting Analysis Applied to the Wrong Subject

I think Piketty's book was meant to address a capitalistic economy like we have in the US rather than the more socialistic economy of Europe. We have none of the benefits that Tim, rightfully in my opinion, considers important in measuring wealth. Child care, education, health care all have enormous value, but we get none of them. Tim's conclusions are reasonable, just not everywhere.

'Maybe I'll go to Hell, but I think it's a good thing' says plastic Liberator gunsmith Cody Wilson

No actually its not statistically true

And what regions would you be referring to anyway? Not aware of too many gun bans in the US