U of C: China reduces U.S. income inequality (user search)
       |           

Welcome, Guest. Please login or register.
Did you miss your activation email?
June 01, 2024, 06:07:20 AM
News: Election Simulator 2.0 Released. Senate/Gubernatorial maps, proportional electoral votes, and more - Read more

  Talk Elections
  General Politics
  U.S. General Discussion (Moderators: The Dowager Mod, Chancellor Tanterterg)
  U of C: China reduces U.S. income inequality (search mode)
Pages: [1]
Poll
Question: Do you approve of the interconnected economic relationship between China and the U.S.?
#1
Yes, it's mutually beneficial.
 
#2
No, it's harming America's economic sovereignty.
 
Show Pie Chart
Partisan results

Total Voters: 13

Author Topic: U of C: China reduces U.S. income inequality  (Read 1089 times)
Verily
Cuivienen
Atlas Icon
*****
Posts: 16,663


Political Matrix
E: 1.81, S: -6.78

« on: August 02, 2008, 09:25:20 AM »

The article's opening claim, "income inequality is not a sign of the worsening conditions of the poor." does not to appear to be supported by the rest of the article, which makes the argument that rising income inequality is simply mitigated by low import prices, not eliminated or reversed. In that sense, it is a fairly obvious statement. But, unless the balance of rising price differences at the top and bottom of the scale is actually greater than the rising income differences, highly unlikely, the latter is still "a sign of the worsening condition of the poor."

I'm not an anti-globalist by any means, but the article really needs to scale back on its grandiose claims that are unsupported by the facts.
Logged
Pages: [1]  
Jump to:  


Login with username, password and session length

Terms of Service - DMCA Agent and Policy - Privacy Policy and Cookies

Powered by SMF 1.1.21 | SMF © 2015, Simple Machines

Page created in 0.02 seconds with 14 queries.