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The 1%
Message
From
10/02/2014 13:20:25
 
 
To
10/02/2014 10:31:18
General information
Forum:
Finances
Category:
Investment
Title:
Re: The 1%
Miscellaneous
Thread ID:
01592816
Message ID:
01593889
Views:
31
>>You still persist in thinking that my concern here is about myself rather than about the broader society. I think that says more about you than about me.
>
>
>You might be right and I might be wrong.
>
>Do you think if the median income of the country jumped an extra $35K the world would be any better off?
>
>I know the average American would probably extend themselves out that much further in debt.
>
>I suspect the world at large would only suffer from it.
>
>People wouldn't magically stop funding the exploitation of human beings over seas. They'd probably do more of it.

I think the US would be more stable, which would be good for the rest of the world. There's also a fair amount of evidence that people with lower incomes donate a higher percent to charity, so there might be more money being given to "repair the world." (One of the imperatives of Judaism is "tikkun olam," which translates to "repairing the world.")

Tamar
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