In 1970s but historically very high levels of inequality. Do you agree with that . We can get into measuring nontaxable incomes or health care or pensions and Social Security which have a big impact, a bigger impact than people realized, smaller families, twocareer families and things like that. Lots of households that arent working whether they retired or other reasons, but those things do affect it. Do i think we pass through an era where innovation has been strong like it was back when we were inventing electricity and cars and industrializing the economy and i think some fortunes have been made as a result and perhaps we are not at that level but the nature of the investments have changed because you went from a capital intensive economy that required a lot of investors and savings so they had to share to an Economy Today where it says innovationeconomic and we can go on a long list. And so they can scale without really having to share their value of their innovation. Thats allowed
In 1970s but historically very high levels of inequality. Do you agree with that . We can get into measuring nontaxable incomes or health care or pensions and Social Security which have a big impact, a bigger impact than people realized, smaller families, twocareer families and things like that. Lots of households that arent working whether they retired or other reasons, but those things do affect it. Do i think we pass through an era where innovation has been strong like it was back when we were inventing electricity and cars and industrializing the economy and i think some fortunes have been made as a result and perhaps we are not at that level but the nature of the investments have changed because you went from a capital intensive economy that required a lot of investors and savings so they had to share to an Economy Today where it says innovationeconomic and we can go on a long list. And so they can scale without really having to share their value of their innovation. Thats allowed
In 1970s but historically very high levels of inequality. Do you agree with that . We can get into measuring nontaxable incomes or health care or pensions and Social Security which have a big impact, a bigger impact than people realized, smaller families, twocareer families and things like that. Lots of households that arent working whether they retired or other reasons, but those things do affect it. Do i think we pass through an era where innovation has been strong like it was back when we were inventing electricity and cars and industrializing the economy and i think some fortunes have been made as a result and perhaps we are not at that level but the nature of the investments have changed because you went from a capital intensive economy that required a lot of investors and savings so they had to share to an Economy Today where it says innovationeconomic and we can go on a long list. And so they can scale without really having to share their value of their innovation. Thats allowed
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