Saturday, August 22, 2009
Margaret Thatcher on the Gap Between Rich and Poor | Axis of Right
Margaret Thatcher on the Gap Between Rich and Poor | Axis of Right:
I’ve always wondered why liberals were fascinated with the gap between rich and poor as a measure of prosperity. On its face, such a measure is nothing more than comparing apples to oranges. Every logical person knows that a more accurate method of measuring prosperity within an income bracket is to compare that income bracket’s situation at a point in the past with that same income bracket’s situation in the present. Focusing on what someone else has says nothing of one’s own situation. Margaret Thatcher always knew that."
I’ve always wondered why liberals were fascinated with the gap between rich and poor as a measure of prosperity. On its face, such a measure is nothing more than comparing apples to oranges. Every logical person knows that a more accurate method of measuring prosperity within an income bracket is to compare that income bracket’s situation at a point in the past with that same income bracket’s situation in the present. Focusing on what someone else has says nothing of one’s own situation. Margaret Thatcher always knew that."
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