April 26, 2016

The Left's 'Inequality' Obsession

This article gave an interesting perspective on income and how people perceive income in relation to others. The article provided insightful arguments and statistics that provided a lot of food for thought. In the article, Brooks mentions that it is not economic inequality that frustrates Americans, but a perceived lack of opportunity. I thought this was very interesting. I guess that it is hard to compare with another if that opportunity that was available was vastly different. In the article he also cites a study which showed that people would like to earn relatively more than others even if it meant that they would be earning less. Participants would rather make 50,000 a year when colleagues earn 25,000 instead of earning 100,000 while colleagues earn 200,000.
I would probably choose the 100,000 job because I do not care too much what others make. One of my favorite comedians, Louis C.K., put it this way: "The only time you should look in your neighbor's bowl is to make sure that they have enough. You don't look in your neighbor's bowl to see if you have as much s them."

No comments:

Post a Comment