@GMShivers I think you are conflating wealth inequality with average quality of life?
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Replying to @cmuratori
@cmuratori No, I'm saying that overall quality is more important than "wealth inequality". Someone having a bigger pot of gold doesn't mean1 reply 0 retweets 0 likes -
Replying to @GMShivers
@GMShivers So, no, that is not true. Overall quality of life actually isn't more important if you're talking about your economy.1 reply 0 retweets 0 likes -
Replying to @cmuratori
@GMShivers Quality of life has very little bearing on _where your economy is heading_.1 reply 0 retweets 0 likes -
Replying to @cmuratori
@GMShivers Wealth inequality does. Wealth inequality, if unchecked, eventually destroys your economy. That is the point here.2 replies 0 retweets 0 likes -
Replying to @cmuratori
@cmuratori but there's nothing you can do about that. The inevitability is that once it gets to that point it will crash.1 reply 0 retweets 0 likes -
Replying to @GMShivers
@GMShivers Oh there's plenty you can do about it. This is why the right tax code structure is redistributive.3 replies 0 retweets 0 likes -
Replying to @cmuratori
@cmuratori No actually tax structures that work ensure that the lower half is not reliant on the upper half covering most of the expenses.1 reply 0 retweets 0 likes -
Replying to @GMShivers
@GMShivers That has never been true in economic history, to the best of my knowledge, but if you have a counter-example, I'm all ears.2 replies 0 retweets 0 likes -
Replying to @cmuratori
@cmuratori It doesn't work because people can move away now, we're in a global economy. Double Irish With A Dutch Sandwich1 reply 0 retweets 0 likes
@GMShivers That is a strawman. It assumes that you do not penalize imports based on the exporter's tax system, _which everyone should_.
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