Monday, December 31, 2007

In Defense of the Rich

Here is a gift courtesy of The Economist:
 
This ought to be sufficient to shoot down those misguided Democrats if they dare question the justice of America's income distribution. Though the argument leaves a few openings for potential adversaries to rent asunder, few of the Democratic persuasion have eyes to see or strength to tear.
 
You have consumption inequality level for decades, ever less inequality in "life satisfaction," and an ever greater gap in working hours (with the rich working ever more, the poor ever less).
 
Of course, money still buys a lower stress level (in theory), longer life expectancy, and various forms of power and freedom.

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