Friday, November 18, 2011

Andrei Labour's solution for closing the income gap

Yes, there is an income gap, some people are poor and others are rich. The reasons are many fold why this is so - bad luck, bad management, sheer laziness or some combination of the three may lead an individual into destitution.

Likewise good luck, good management, hard work or some combination of the three may lead an individual to wealth.

Being poor does not make you a bad person nor being rich make you virtuous and the converse is just as equally true.

Anyway in election silly season the income gap becomes a topic of rhetoric as the hopefuls whore for votes.

It's boilerplate for Labour but we all need to bear in mind that what they propose is not to make the poor richer but to make the rich poorer.

Which is kind of pointless, don't you think?

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