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Joseph Gwinn Joseph Gwinn is offline
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Default Income gap between rich and poor

In article ,
Ignoramus10488 wrote:

On 2010-04-23, Winston wrote:
Here is the deal for folks who still cling to that belief:
In a Republican administration, the poor are prevented from becoming
poorer until after the rich become richer.
In a Democratic administration, the rich are forced to become richer
before the poor are permitted to become poorer.


My own theory in the widening income gap between well paid people and
badly paid people is very simple. It is not very much about politics
and mostly about economics, IQs and productivity.

http://www.nytimes.com/2007/03/29/business/29tax.html

The economics of this is that work contributions of not so
intelligent, or unqualified, people are replaced by computers. The
easiest example, besides CNC manufacturing, is to see how store
cashiers are being replaced by automatic checkouts. Same applies to
very many other professions.

As computers become smarter, more and more people are being pushed out
of the economic bandwagon and fall on the fringes. They simply cannot
contribute much that is within their abilities.


The full strength version of this is Smart Fraction Theory:

http://www.lagriffedulion.com/

Joe Gwinn