Hmm, I understand you understand some sentences, but did you understand the article?
Reader comment on: Bob Herbert on Inequality
Submitted by rabi (United States), Nov 2, 2010 21:44
I get it that some wealthy man has a big stake in the entity that owns Bob's newspaper. What's your point?
He did not say such wealthy people should all become penniless.
His point is that if they are profiting handsomely at the same time a large number of American families that are willing and able to work are out of work and are in miserable shape, there is something not right about how money is made in this country. We of course want people to have a lot of money-making opportunities and be wealthy. Nothing wrong with that.
But if people are making huge amount of money regardless of whether their net effect on the economy is positive or not, people have a right to be suspicious.
Anyway, it doesn't appear you are open to hearing arguments that are counter to your pre-conceived notions, so why am I wasting time here?
You say "the whole crisis began with sub-prime mortgages". That's lazy and simplistic thinking. What the article says is that the book lays out strong arguments that it all is a part of a long running trend. You dismiss it, without offering any plausible arguments. The article and the book author will argue that you have taken one symptom of a long running trend, and wrapped the whole Great Recession around it.
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|⇒ Hmm, I understand you understand some sentences, but did you understand the article? [224 words]||rabi||Nov 2, 2010 21:44|
|good on them! [149 words]||Ilana Vera Morris||Nov 2, 2010 14:20|
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