Re: Income inequality benefits the poor.

Bob Kolker wrote:

Nospam wrote:
Because they have money to save. You can't save if you have more expenses
than your income. This will result in negative saving rate.

Americans have money to save, but they don't save very much.

The top 1% have much more. The bottom 50% have much less.


The savings habit is part cultural. Americans figure they will get
handouts from government programs. Very often they are right. So instead
of saving, they are taxed to support an inefficient system of income
redistribution.


Yet another libertarian style pathetic lie. German welfare it is way better
that what you get in US. Yet they save more.

Heck, you said that yourself in your previous post, but now you turn 180
degree because you want to hide the garbage under the carpet. And the
truth you try to hide it is that US have an unhealthy polarization betwen
poor and rich, due to missguided RIP & RUN conservative polices.



.

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