On Wed, 10 Sep 2008 07:36:42 -0400, Eisboch wrote:

wrote in message
t...
On Wed, 10 Sep 2008 07:16:46 -0400, Eisboch wrote:



Fair taxes on that earned or created wealth is fine. But a
redistribution of wealth by government edict is not. To do so is
socialism or communism, plain and simple.

Eisboch

LOL, that would depend on which way the wealth is being redistributed,
wouldn't it?

http://www.sustainablemiddleclass.co...efficient.html

http://en.wikipedia.org/wiki/Gini_coefficient


That's bogus.

For one thing, a "perfect score" of 1 means that a single person .....
actually a group ..... has all the wealth, stated in terms of income. A
score of 0 means everybody is equally wealthy .... income wise.

Yet, as the score goes up over the years, the "middle class" is
disappearing. Where did they go?

Well, some slipped into poverty obviously and those need to be helped.
But the others didn't drop off the planet. They moved upward.

Eisboch

I think you are misunderstanding the coefficient. The Gini index isn't
perfect, but it does make clear, that the redistribution of wealth is
towards the rich.

http://en.wikipedia.org/wiki/Image:E...oefficient.svg

wrote in message
t...
On Wed, 10 Sep 2008 07:36:42 -0400, Eisboch wrote:

wrote in message
t...
On Wed, 10 Sep 2008 07:16:46 -0400, Eisboch wrote:



Fair taxes on that earned or created wealth is fine. But a
redistribution of wealth by government edict is not. To do so is
socialism or communism, plain and simple.

Eisboch

LOL, that would depend on which way the wealth is being redistributed,
wouldn't it?

http://www.sustainablemiddleclass.co...efficient.html

http://en.wikipedia.org/wiki/Gini_coefficient


That's bogus.

For one thing, a "perfect score" of 1 means that a single person .....
actually a group ..... has all the wealth, stated in terms of income. A
score of 0 means everybody is equally wealthy .... income wise.

Yet, as the score goes up over the years, the "middle class" is
disappearing. Where did they go?

Well, some slipped into poverty obviously and those need to be helped.
But the others didn't drop off the planet. They moved upward.

Eisboch

I think you are misunderstanding the coefficient. The Gini index isn't
perfect, but it does make clear, that the redistribution of wealth is
towards the rich.

http://en.wikipedia.org/wiki/Image:E...oefficient.svg



Maybe I am. But, doesn't it also indicate that the bulk of the middle class
are also becoming "richer"?
Not all. But the bulk. Otherwise, if the middle class disappears, did
they *all* fall into poverty or did they simply die off? Nope.

Eisboch