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Re: Robert from yahoo bd post# 680016

Friday, 05/28/2021 9:43:26 AM

Friday, May 28, 2021 9:43:26 AM

Post# of 797132
well said

I am a capitalist and mostly a free market proponent (with guard rails like monopoly power etc.)

People need to understand the concentric circles that surround and flow out of the below which you noted and I repeat

When I was growing up, the CEO-to-median worker pay ratio was 20-to-1. That was good money.

Today, that ratio is 320-to-1.

Summary
For the sake of capitalism and maybe democracy - the insane wealth inequality we have reached must be seen - understood and yes - in some logical fashion redistributed. So "free" (tax funded) third party child care - funded by taxes on the 1% or top half of 1% -- redistributes in a way that grows GDP and creates jobs and hope