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Toyman!
Toyman! GRM+ Memberand MegaDork
12/10/23 3:58 p.m.
Mr_Asa said:

With opportunities like that it's a great time to be an American,  isn't it. 

 

GameboyRMH
GameboyRMH GRM+ Memberand MegaDork
12/10/23 4:34 p.m.
Mr_Asa said:

Smaug was first at one point? From what I heard the highest estimate ever made of his gold hoard since his movie appearance put him at 6th worldwide at most, next to Carlos Slim on one side or the other at the time.

Relevant meme with just a minimal presentation of facts.

 

Appleseed
Appleseed MegaDork
12/10/23 5:38 p.m.

volvoclearinghouse
volvoclearinghouse UltimaDork
12/10/23 5:48 p.m.

In reply to GameboyRMH :

Let's say your neighbor has 1 million dollars, and you have 10,000.  Next year, your neighbor, through savings and investment, has 1.1 million, and you, because of the improving economy, have been able to get a better job, so you now have 30,000.  The wealth I equality has gone up between you, even though your neighbors standard of living hasn't really changed and your wealth is 3x higher. 

fasted58
fasted58 MegaDork
12/10/23 6:09 p.m.

NickD
NickD MegaDork
12/10/23 6:17 p.m.

Pete. (l33t FS)
Pete. (l33t FS) GRM+ Memberand MegaDork
12/10/23 6:46 p.m.
volvoclearinghouse said:

In reply to GameboyRMH :

Let's say your neighbor has 1 million dollars, and you have 10,000.  Next year, your neighbor, through savings and investment, has 1.1 million, and you, because of the improving economy, have been able to get a better job, so you now have 30,000.  The wealth I equality has gone up between you, even though your neighbors standard of living hasn't really changed and your wealth is 3x higher. 

The wealth inequality decreased, not increased.

Appleseed
Appleseed MegaDork
12/10/23 6:49 p.m.

neverdone
neverdone Reader
12/10/23 7:18 p.m.

In reply to P3PPY :

That doesn't look too bad... #B350  Maxi van

fasted58
fasted58 MegaDork
12/10/23 8:16 p.m.

KyAllroad
KyAllroad MegaDork
12/10/23 8:19 p.m.

 

fasted58
fasted58 MegaDork
12/10/23 8:20 p.m.

fasted58
fasted58 MegaDork
12/10/23 8:23 p.m.

RevRico
RevRico GRM+ Memberand MegaDork
12/10/23 8:36 p.m.

johndej
johndej SuperDork
12/10/23 8:47 p.m.

In reply to RevRico :

GameboyRMH
GameboyRMH GRM+ Memberand MegaDork
12/10/23 8:56 p.m.

In reply to volvoclearinghouse :

That's an interesting hypothetical, but back in the real world inflation-adjusted wages have been quite stagnant for a cool half-century.

volvoclearinghouse
volvoclearinghouse UltimaDork
12/10/23 9:13 p.m.

In reply to Pete. (l33t FS) :

Wrong!  But that proves the meme was correct. 

volvoclearinghouse
volvoclearinghouse UltimaDork
12/10/23 9:14 p.m.

In reply to GameboyRMH :

 

RichardNZ
RichardNZ GRM+ Memberand HalfDork
12/11/23 12:42 a.m.

Ranger50
Ranger50 MegaDork
12/11/23 2:51 a.m.

Appleseed
Appleseed MegaDork
12/11/23 3:21 a.m.

RealMiniNoMore (Forum Supporter)
RealMiniNoMore (Forum Supporter) PowerDork
12/11/23 12:18 p.m.

Duke
Duke MegaDork
12/11/23 12:51 p.m.
Pete. (l33t FS) said:
volvoclearinghouse said:

In reply to GameboyRMH :

Let's say your neighbor has 1 million dollars, and you have 10,000.  Next year, your neighbor, through savings and investment, has 1.1 million, and you, because of the improving economy, have been able to get a better job, so you now have 30,000.  The wealth I equality has gone up between you, even though your neighbors standard of living hasn't really changed and your wealth is 3x higher.

The wealth inequality decreased, not increased.

No, it didn't:

$1,000,000 - $10,000 = $990,000 disparity

$1,100,000 - $30,000 = $1,070,000 disparity

 

Streetwiseguy
Streetwiseguy MegaDork
12/11/23 12:59 p.m.
Duke said:
Pete. (l33t FS) said:
volvoclearinghouse said:

In reply to GameboyRMH :

Let's say your neighbor has 1 million dollars, and you have 10,000.  Next year, your neighbor, through savings and investment, has 1.1 million, and you, because of the improving economy, have been able to get a better job, so you now have 30,000.  The wealth I equality has gone up between you, even though your neighbors standard of living hasn't really changed and your wealth is 3x higher.

The wealth inequality decreased, not increased.

No, it didn't:

$1,000,000 - $10,000 = $990,000 disparity

$1,100,000 - $30,000 = $1,070,000 disparity

 

$1,000,000 to 1,010,000 is a 1% increase, and makes no difference to his life.  $10,000 to 30,000 is a 300% increase, and is life changing.

Brett_Murphy (Agent of Chaos)
Brett_Murphy (Agent of Chaos) GRM+ Memberand MegaDork
12/11/23 1:14 p.m.

Some of the frequent discussions around here are as predictable as this:

Image


I pretty much ignore then anyway after I've read enough of it to understand where it's going. Maybe I'd stop doing that if somebody, anybody, would come up with a new approach to the argument instead those involved doing the equivalent of: Uh-huh! and Nuh-uh! which often devolves into some variant of "No, you!" for a few posts.

See how I managed to include something topical in my post?


 

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