kwarner968 Wrote:
Sep 28, 2012 11:48 PM
(my apologies on the double post) none of us would. Why? If all of the poor suddenly made $10,000 more (through hard work or otherwise) then all of those who until then had made $10,000 more would now have the standard of living of the poorest. Inflation would ensue and we would have a LARGER poor population than before.