The arguement: The Liberal (or Communist, Marxist, Democrat, Fascist - collectivists all) pontificates to you: " We have to have federal intervention (force) into wages. Why, the rich are just getting richer, and the poor poorer! It's not fair!
Your Answer: "The amount of money you earn is usually always changing for the better. You earn barely enough to get by on when you are young and much more when you are older. In Thomas Sowell's book, 'Basic Economy,' he states that 'fewer than 3 percent in the bottom 20 percent of wage-earners in 1975 were still there in 1991. That means that in 16 years 97 percent of the wage-earners in the bottom 20 percent of wage-earners were no longer there, but had moved up. That is wonderful! But it even gets better:39 percent of the bottom 20 percent were in the top 20 percent of wage-earners by 1991. Just 16 years later! That is fantastic! The poor are definitely getting richer. Don't try to spread your misery on me. You really need to take a Paxil or Prozac, Liberal.
See "Basic Economics" by Thomas Sowell, page 137. Peter Nickerson at 352-359-0850.
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