In today's economy, fewer people are claiming a larger share of the wealth. Our video blog discusses the issue. What is your opinion? Has wealth inequality affected your life? Do you think wealth inequality matters?
Mar82009
Pam commented:
Equality dictates that all persons make a fair income commiserate with their education, level of experience, etc. To achieve this in the United States we must first address CEO pay. Their pay is ridiculously high, but they are few in number, so once their pay is redistributed it will only add a few dollars each year to the rest of our incomes. Next we must address the income of federal and state employees. Those of us in the private sector receive Medicare at age 65 and full social security retirement at age 67. The typical government employee receives both their retirement medical benefit and pension at age 52 (15 years earlier than the rest of us). If we increase all government employee retirement dates to age 63 then we could use the savings to reduce the full retirement age of the private sector to age 63. A early and more equal retirement date for all would make for a fairer society.
Equality dictates that all persons make a fair income commiserate with their education, level of experience, etc. To achieve this in the United States we must first address CEO pay. Their pay is ridiculously high, but they are few in number, so once their pay is redistributed it will only add a few dollars each year to the rest of our incomes. Next we must address the income of federal and state employees. Those of us in the private sector receive Medicare at age 65 and full social security retirement at age 67. The typical government employee receives both their retirement medical benefit and pension at age 52 (15 years earlier than the rest of us). If we increase all government employee retirement dates to age 63 then we could use the savings to reduce the full retirement age of the private sector to age 63. A early and more equal retirement date for all would make for a fairer society.