I never thought I'd see the day Will would admit (albeit by accident), that we have a distribution of ownership problem. Good job, George.
This little tune and vid just about sum up Obama and his presidency. Are we better off? Depends who "we" are.
"In fact, the primitive community, far from being happy, harmonious, and idyllic, is much more likely to be ridden by mutual suspicion and envy of the more successful or better favored, an envy so pervasive as to cripple, by the fear of its presence, all personal or general economic development. The German sociologist Helmut Schoeck, in his important recent work on Envy, cites numerous studies of this pervasive crippling effect. Thus the anthropologist Clyde Kluckhohn found among the Navaho the absence of any concept of “personal success” or “personal achievement”; and such success was automatically attributed to exploitation of others, and, therefore, the more prosperous Navaho Indian feels himself under constant social pressure to give his money away. Allan Holmberg found that the Siriono Indian of Bolivia eats alone at night because, if he eats by day, a crowd gathers around him to stare in envious hatred. If every time someone saves more, he is pressured to relinquish his “excess wealth,” that can only discourage savings." http://www.lewrockwell.com/2014/10/dan-sanchez/the-greatest-economic-comic-book-ever-written/