Why dont you give away your money to poor people?

[JohnnyHumongous]

[ QUOTE ]
My wealth is not at the expense of the poor. The poor are not poor because I am rich. While poker is a zero sum game, life is not. Wealth is created. I feel sorry for a lot of people in the world -- but my money isn't going to do a damn thing for them. Getting away from liberals and socialists who preach income redistribution, zero sum economics and government solutions will help them.

There will always be poor -- as long as there are liberals.

[/ QUOTE ]

Agreed.

When I hear about income inequality and the "gap" between the rich and the poor supposedly widening, I have to laugh. Don't people realize that what matters is the size of the PIE? If the whole pie grows it doesn't matter what the friggin proportion is because everyone's benefiting anyhow.

[econ_tim]

[ QUOTE ]
When I hear about income inequality and the "gap" between the rich and the poor supposedly widening, I have to laugh. Don't people realize that what matters is the size of the PIE? If the whole pie grows it doesn't matter what the friggin proportion is because everyone's benefiting anyhow.

[/ QUOTE ]

WTF are you talking about? We can have distributional preferences as well as preferences about the size of the pie. Maybe having dictators in some countries increases the size of the pie, but that doesn't mean i would choose that over a more equitably distributed small pie.

[SheetWise]

[ QUOTE ]
...preferences about the size of the pie.

[/ QUOTE ]
WTF?

Have to laugh about the increasing gap between the rich and poor. Here's an experiment -- wouldn't it be a nice thing if everyone doubled their income this year? It would require some brilliant economic policies.

Of course, it would also double the income gap -- so, never mind.