Re: the rich are different from us...

[Michael Perelman <michael@xxxxxxxxxxxxxxxxx>]

This is the wierd part:

But society ought to think twice before trying to legislate away
extreme wealth entirely. The super-rich may be gluttonous, but bear in
mind that the same economic machinery that brought them excess also
brought broad benefits to the rest of society. The last two decades
have seen a rising share of income at the top ? but they've also seen
unprecedented prosperity for average Americans. Middle-class income is
today the highest it has ever been. Living standards are too.
Longevity, healthcare quality and education levels are all at historic
highs.



--
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com