Why Decry the Wealth Gap?

Ken Hanly khanly at mb.sympatico.ca
Tue Jan 25 18:21:53 PST 2000


Why is this discourse about the wealth gap? I thought the original figures were about incomes. Last I read anything, they are not the same. I expect that wealth distribution is even more skewed than income distribution.

Cheers, Ken Hanly

Doug Henwood wrote:


> kayak3 wrote:
>
> >I'm going to record an interview with Cox in
> > > about 10 days for later radio broadcast; it's going to be fun to give him a
> > > hard time.
> >
> >Not living in broadcast range it would be be nice to have access to the
> >transcripts if it is possible.
>
> Believe it or not, the crack WBAI engineering staff screwed up the
> taping, so the interview was unplayable.
>
> By the way, the income mobility stuff from the 1995 Dallas Fed report
> was incorporated without any change into their book. I asked Cox if
> he'd read Gottschalk's critique, and he said yes, but basically said
> it didn't matter. Of course, they don't even mention it in the book.
>
> Doug



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