Gamesmith94134: The Great Income Divide



The question on restoring some balance to the income distribution and encouraging social mobility may not be easy as can be; if the present capital and labor environment are restrained to the present system that is being institutionalized and man-handled to meet its economical growth with lesser compromise on depreciation of assets and marginalized income. Perhaps, I would explain it in the margin of affordability that expanded the gaps among the groups earned and consumed in the same habitat as a society or community. We demand the equality in the consuming power but to accept the variables in earning. There is no income divide in real socialistic community or slum or Silicon Valley; since they are marginalized as a group in common, poor and wealthy. It became a conflict that we also defy K1 inversion as in devaluation of asset; and institutionalized community also create a ceiling on K2 that labor must qualify to apply or fail under the statute of cost-of-living. Thus is how we are getting the income divide by enforcing the institutionalized community and jobs that many failed to qualify.



The present joke is all Londoner and San Franciscans are considered to be millionaires, since single house in London is 450,000 pound and 1 million in San Francisco. It is how the capitalist elites think how we must raise the low income supplement or wages to fit in the community. Perhaps, I would like to compare the boom and bust period on the Dot Com years in the 90’s in San Francisco, or the common industrial cities like Detroit. In a word, corporations are more mobile than the communal citizens and easier to raise the price of their products when choices of products are limited. In some cases, when the corporation were forced to accommodate the raise or price heist in office rental; they left after higher cost defy their profit after earnings. Then cities are busted by it tax cut for corporation or after they left while low income supplements are set in. These booming cities were murdered by the city worker’s pensions and its $25/hr janitors and $35/hr bus drivers.



It is why I would warn Ms. Yellon on the changing on PPI CPI and trade deficit; and my utility bill had gone up 15%, and housing jumped to 40% of their total earning. It is hideous danger to equity buying and dollar’s valuation. Some may sneer at depreciation and affordability; but it is the nature’s way to set its majority ruling. There is no politics to abstain expansion, but often majority rules that a haircut is a natural thing. It is why I would object the 15 dollar/hour wages demanded and residential housing market that corporation or hedge funds purchased. These are the present financial risks many developed nations, even the FED, must reckon with how their policies are changing the habitat or community and its value system by diversification.



In order to modify the financial risks we diversify, and we must have policies on commercial and private industries by setting regional developments with mom-and pop stores for lower standard of qualification and wages. Perhaps, there are arguments on the part-time jobs many corporations offer; but there are high tech qualified and not quantified. Besides, No matter how the news or financial report telling you how much you worth; and you may do the appropriate thing to own an Apple or BMW to survive in the big city; and its statement in labeling you as a millionaire is much over-stated; and I prefer the happy days in my college years. Working two full days to pay my rent and the rest days are part-time job anywhere that paid all expenses including McDonald---my pay was 60 cents an hour, and my 25cents burger. I survived. Now, lunch is $8, and dinner is $14. These are millionaire’s expenses and not a plan of survival.



Do the youngsters really understand how much they must work to pay all expenses? What is a $15 job anyway? It is not more money, but how adaptive you can be or what can you qualify? That needs fresh new financial policies.



May the Buddha bless you?

