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kane · 03-05-2013, 05:10 PM

Wealth inequality really only becomes a major problem when the lower end of the spectrum bottoms out. If you look at most of the countries in the world that are third world shitholes they almost all have a huge division of wealth where they have a tiny number of people that are very wealthy and a huge number of people that are very poor. They also have a very small middle class. These countries also have a broken education system so they have huge segments of the population that are way under-educated. There is also little or no upward mobility

The US might slowly be trending that way, with the middle class shrinking and out public education system seeming to get worse and worse, but we are a long way from that because this country still has a ton of upward mobility. Becoming a billionaire or even millionaire, requires more than just getting an education and getting a good job and it is something most people simply are not capable of doing. However, most people, if they are driven, apply themselves and focus can get a good education and can get a good job that allows them to live comfortable life.

So long as we have that middle class and the ability for people to create a quality life for themselves the country will be fine.

03-05-2013, 05:10 PM
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	Wealth inequality really only becomes a major problem when the lower end of the spectrum bottoms out. If you look at most of the countries in the world that are third world shitholes they almost all have a huge division of wealth where they have a tiny number of people that are very wealthy and a huge number of people that are very poor. They also have a very small middle class. These countries also have a broken education system so they have huge segments of the population that are way under-educated. There is also little or no upward mobility The US might slowly be trending that way, with the middle class shrinking and out public education system seeming to get worse and worse, but we are a long way from that because this country still has a ton of upward mobility. Becoming a billionaire or even millionaire, requires more than just getting an education and getting a good job and it is something most people simply are not capable of doing. However, most people, if they are driven, apply themselves and focus can get a good education and can get a good job that allows them to live comfortable life. So long as we have that middle class and the ability for people to create a quality life for themselves the country will be fine.