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richardhutnik said:

Except for the boats that had holes in them and were losers anyhow.  To enable the more successful boats to rise, you have to have the bad designs sink.

Yes, of course you do. What's the alternative? Chaining all the boats together so that they all can sink?

Of course there are problems like too much household debt. But are you really prepared to argue that the standard of living hasn't risen dramatically across the board? That's an argument you'll lose. And if income inequality really is such a concern, I fail to see how more redistributionism is going to change that when Washington, D.C. is now the richest metropolitan area in the country despite producing nothing. It's a nice trick, going on about the pursuit of social justice while redistributing that money to yourself (and just enough to the cretins and plebs to keep them on your side).