Verily
Cuivienen
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Posts: 16,663
Political Matrix E: 1.81, S: -6.78
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« on: August 02, 2008, 09:25:20 AM » |
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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.
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