[Newsbot]

Title: Income inequality is bad for everyone, IMF report concludes
Category: Business
Posted By: DrCaleb
Date: 2015-06-16 07:08:55
Canadian

[andyt]

So poverty costs us all money in two directions. It has higher justice and medical system costs and lost productivity, and it also lowers GDP. Yet we seem hell bent on continuing down that road.

[DrCaleb]

I thought this article would interest you.

[andyt]

Bias confirmation, it's a wonderful thing.

[BartSimpson]

I saw a movie yesterday and thought of Andy.

It's called "The Giver".

It takes place in a society where everyone is equal, their homes and clothes are equal, and the community they live in is evidently communist. They also suppress emotions to maintain harmony, people are monitored by the state 24/7/365, and those deemed unfit are "released" which is just murder by another name.

The whole time I was watching the movie I was thinking how the author of the story intended it as a warning while Andy would likely consider it an instruction manual.

Because absent the total repression of the human spirit you will NEVER impose your dystopian idea of total equality. People are not equal.

Accept it.

[Lemmy]

BartSimpson BartSimpson:

I saw a movie yesterday and thought of Andy.

It's called "The Giver".

It takes place in a society where everyone is equal, their homes and clothes are equal, and the community they live in is evidently communist. They also suppress emotions to maintain harmony, people are monitored by the state 24/7/365, and those deemed unfit are "released" which is just murder by another name.

The whole time I was watching the movie I was thinking how the author of the story intended it as a warning while Andy would likely consider it an instruction manual.

Because absent the total repression of the human spirit you will NEVER impose your dystopian idea of total equality. People are not equal.

Accept it.

The very point made by Rush in their classic, "The Trees". Silly Marxists...

[andyt]

Nice strawman, by adding the word total. But really, write the IMF and tell them they've got it all wrong, and that you know better.

[BartSimpson]

andyt andyt:

Nice strawman, by adding the word total. But really, write the IMF and tell them they've got it all wrong, and that you know better.

The IMF is just another means for the financiers and the bankers to hoodwink people.

[andyt]

They seem to be a fickle lot, those bankers and financiers, since they've convinced you of the very opposite of what this report says.

[N_Fiddledog]

Classic: Keynes versus Hayek

[BartSimpson]

andyt andyt:

They seem to be a fickle lot, those bankers and financiers, since they've convinced you of the very opposite of what this report says.

In my time I have written a few reports that were intended to convince people of the very opposite of the truth.