WEALTH Inequality

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  Mar 05, 2013 2:02 AM GMT

  http://mashable.com/2013/03/02/wealth-inequality/
  
  I've seen this before,,on like a Rachel Maddow broadcast or something, but this one is explained in a way where even the most stupid of people can understand.
  
  Note however, cuz he doesn't make it clear, there IS difference between income and wealth. You can make $100k a year,,but if you blow it on healthcare, rent, and student loans, your wealth can still be nothing.
  
  IMAGE HTTP ADDRESS GOES HERE[http://en.wikipedia.org/wiki/File:Gini_Coefficient_World_CIA_Report_2009.svg]
  For all those who 'think' China are Cuba are communist,,,they have about the same amount of income inequality as the United States.
  Authoritarian, not free,,,,maybe. but not communist
  
  That said,,as a young person, gradauting from college,,with more than enough degrees, I'm moving to Australia to persue ,,the American Dream

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  Mar 05, 2013 2:43 AM GMT

  $100K/yr is the new $30K/yr.
  
  Welcome to life.

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• whytehot
  
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  Mar 05, 2013 3:09 AM GMT

  Australia is an extremely racist country by western standards, so good luck with that

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  Mar 05, 2013 3:11 AM GMT

  whytehot saidAustralia is an extremely racist country by western standards, so good luck with that

  Sounds like the prefect place to deport all the Republicans.

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  Mar 05, 2013 3:40 AM GMT

  paulflexes said

  whytehot saidAustralia is an extremely racist country by western standards, so good luck with that

  Sounds like the prefect place to deport all the Republicans.

  
  
  No way , you bloody keep them over-there .....

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  Mar 05, 2013 3:41 AM GMT

  whytehot saidAustralia is an extremely racist country by western standards, so good luck with that

  
  
  Since when ?

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  Mar 05, 2013 6:02 AM GMT

  neffa said

  whytehot saidAustralia is an extremely racist country by western standards, so good luck with that

  
  
  Since when ?

  
  
  Unfortunately true, getting more and more racist as the days go on

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• FitGwynedd
  
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  Mar 05, 2013 10:36 AM GMT

  whytehot saidAustralia is an extremely racist country by western standards, so good luck with that

  
  
  This is true. And the visa requirements are insane for Australia.

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• MichaelUK
  
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  Mar 05, 2013 10:56 AM GMT

  $100K a year won't get you very far in Australia, not experienced direct racism per se - but racial inequality...yes.
  
  http://www.bbc.co.uk/news/magazine-21519050

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  Mar 05, 2013 12:03 PM GMT

  Wealth inequality will always exist. It's a fact of life. People with high education levels and unique and/or specialized skills should be paid more money than those who don't. It's simple supply and demand.
  
  

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  Mar 05, 2013 1:13 PM GMT

  redsoxfan791 saidWealth inequality will always exist. It's a fact of life. People with high education levels and unique and/or specialized skills should be paid more money than those who don't. It's simple supply and demand.
  
  

  
  
  Rent-seeking behaviors are currently being far more disproportionately rewarded than real economic activity. This means underproduction of necessary goods, overproduction of less necessary goods, at market-inefficient prices.

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  Mar 05, 2013 1:35 PM GMT

  whytehot saidAustralia is an extremely racist country by western standards, so good luck with that

  
  
  
  That is a load of crap
  
  Australia is probably the best multicultural society on the planet with incredibly strict anti racist and anti discrimination laws that are acted upon if broken
  
  Also no one is thrown on the scrap heap if they get sick or become unemployed
  
  I know where I'd rather live

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• calibro
  
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  Mar 05, 2013 1:37 PM GMT

  in australia they still will call you stupid if you spell and write like you just did.

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  Mar 05, 2013 1:45 PM GMT

  calibro saidin australia they still will call you stupid if you spell and write like you just did.

  
  
  I used some big words
  
  Need a dictionary?

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• WhoDey
  
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  Mar 05, 2013 2:48 PM GMT

  White people discussing the most racist places in the world

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  Mar 05, 2013 4:13 PM GMT

  WhoDey saidWhite people discussing the most racist places in the world

  
  
  Who do you think generally creates the racist atmosphere?

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  Mar 05, 2013 4:15 PM GMT

  whytehot saidAustralia is an extremely racist country by western standards, so good luck with that

  
  
  And america isn´t?

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  Mar 05, 2013 4:51 PM GMT

  ibnthegreatof8s said
  For all those who 'think' China are Cuba are communist,,,they have about the same amount of income inequality as the United States.
  
  That said,,as a young person, gradauting from college,,with more than enough degrees, I'm moving to Australia to persue ,,the American Dream

  
  
  China and Cuba are communistic countries, despite what you think you learned. But what does that have to do with "income inequality"?
  
  Good luck, don't let the screen door hit your ass on your way out of America!
  (Not even going to ponder how you can 'persue {sic},, the American dream' in another country)
  But I can tell by your appalling grammar, punctuation and spelling that Australia won't be letting you move there, since you don't have any special skill to offer them.
  Besides trolling.

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  Mar 05, 2013 11:35 PM GMT

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• FitGwynedd
  
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  Mar 05, 2013 11:38 PM GMT

  GonzoTheGreat said

  whytehot saidAustralia is an extremely racist country by western standards, so good luck with that

  
  
  And america isn´t?

  
  
  America is better than the UK in terms of race-relations so don't be so quick to slander

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  Mar 06, 2013 2:28 AM GMT

  Wealth inequality is not a problem in the US. People who are poor and live off food stamps, etc. have similar chances and abilities as those who go to prep schools and ivy league colleges that get great jobs. The difference is also the work ethic. People who are poor tend not to work as hard. Obama just needs a kick in his socialist ass!

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  Mar 06, 2013 5:30 AM GMT

  redsoxfan791 saidWealth inequality will always exist. It's a fact of life. People with high education levels and unique and/or specialized skills should be paid more money than those who don't. It's simple supply and demand.
  
  

  
  
  
  The video mainly talks about TOP 1% (CEOs, celebrities, etc) v.s. everybody else.
  People you are talking about not there.

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  Mar 06, 2013 5:47 AM GMT

  American dream? Dont make me laugh.
  
  The only reason they call it that is because you'd have to be asleep (or dead) to believe that bullshit.

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• FitGwynedd
  
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  Mar 06, 2013 10:48 AM GMT

  rickoshea97 saidWealth inequality is not a problem in the US. People who are poor and live off food stamps, etc. have similar chances and abilities as those who go to prep schools and ivy league colleges that get great jobs. The difference is also the work ethic. People who are poor tend not to work as hard. Obama just needs a kick in his socialist ass!

  
  
  You have the gift of compressing the least amount of thought into the most amount of words.

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  Mar 06, 2013 4:13 PM GMT

  
  "People who are poor and live off food stamps, etc. have similar chances and abilities as those who go to prep schools and ivy league colleges that get great jobs."
  
  O.o I think someone doesn't get out much or use that internet very efficiently.

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