Why liberals are so...

Started Nov 14, 2012 | Discussions thread
Midnighter
Senior MemberPosts: 1,727
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Re: Why liberals are so...
In reply to drh681, Nov 15, 2012

Congratulations, the link you posted says the poorest 20% in Australia have 1% of our wealth.

Sounds terrible doesn't it? Australian society about to rip at the seams?

Do you seriously want to tell me that compares in any way with the US where the bottom 40% have 0.2%? Does that sound equally 'equitable' to you?

http://upload.wikimedia.org/wikipedia/commons/a/af/U.S._Distribution_of_Wealth%2C_2007.jpg

drh681 wrote:

Midnighter wrote:

Why does the US as a first world country have a distribution of wealth akin to that of a second world country?

What are the long term social effects of such a situation?

Like Australia is any more equitible:

http://www.abs.gov.au/ausstats/abs@.nsf/Latestproducts/6554.0Main%20Features12009-10?opendocument&tabname=Summary&prodno=6554.0&issue=2009-10&num=&view=

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