Income inequality benefits the poor.

The rich do not spend all their money so having more money does not add much
to their lifestyle. They invest those extra dollars, raise productivity and
benefit society as a whole.

The poor on the other hand are the first to benefit from more investment
because they spend all their money and their living standard is directly
linked to increased productivity. We can only consume what we produce.

Many demagogues would like to put their hands on those extra dollars, not to
benefit the poor but to benefit themselves and gain power over people. They
are intelligent people who take advantage of the naivety of their
constituency to build careers promising "free" government programs.

But the poor would rather have better jobs (more investment) than government
programs. More investment would also help America compete in the world
economy and protect local jobs.

If China and India continue to grow at the rate of the last 10 years,
America to remain competitive will have to invest more. So it is likely that
we are looking forward for more income inequality not less.

Increased investments would also have the benefit of solving the Social
Security crisis.


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