Saturday, August 18, 2012

DailyMarkets.com - Quotation Of The Day: Should The Government Try To Reduce Income AND Life-Expectancy Inequality?

DailyMarkets.com - Quotation Of The Day: Should The Government Try To Reduce Income AND Life-Expectancy Inequality?


Quotation Of The Day: Should The Government Try To Reduce Income AND Life-Expectancy Inequality?

Posted: 18 Aug 2012 12:36 PM PDT

"When I talk to people, I find that they generally agree with, and rarely strongly oppose, forcible government transfers of income from the rich to the poor to reduce income inequality. But when I suggest that the government transfer medical expenditures from women to men to reduce life-expectancy inequality, I get a very different reaction. Often, the listener will simply give me a strange look and quickly depart. Those who do respond, however, typically say that I couldn't possibly be … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


Pessimism Illustrated

Posted: 18 Aug 2012 12:30 PM PDT

Person A: The weather is beautiful today, clear skies, low humidity and 80 degrees.

Pessimist A: Yes, but it rained ten days ago. 

Pessimist B: Yes, but it rained a year ago on this day.

Pessimist C: Yes, but it will rain sometime in the future, just wait. 

Pessimist D: Yes, but it’s raining right now in Nebraska and Nepal right now, so it’s not beautiful there at all.   

Pessimist E: Yes, but the government manipulates the temperature and humidity readings, so if the … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards


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