1) the changing economy that rewards high intelligence and high technical skills
2) it takes money to make money and if I make 1.5 million a year and only spend 100K (not counting 375K in taxes) I have about a million a year to invest which I do and that makes me more money.
3) the welfare state discourages lots of people from being competitive
4) the welfare state encourages much irresponsible and counter=productive behavior
2)Of course, which is the argument for estate taxes, the passing down of fortunes and a permanant moneyed class in America....ala European aristocracy
3) and 4) Not really getting you here. I think you're saying less competition for a smaller group of Americans is causing the concentration? When the largest wealth was gained by the top we had some of the lowest historical unemployment rates in history.
You have no righteous claim on what I have earned and your existence has contributed NOTHING to my wealth. I don't expect you to pay for me or mine so I have no use for you acting as if I should pay for you or yours
[QUOTE=EarlzP;1059853367]Actually, as wages begin to rise in place like China and India, some of those manufacturing jobs are already starting to come back to the US. Even if wages are not equal to US wages, the cost of shipping more than makes up for the difference, especially with the volatility in oil prices and futures.
If jobs continue to leave the USA and the countries wealth continues upward your home will be worth less in 45 years