Who Cares About the “Wealth Gap” if Everyone is Richer?
June 20, 2017 – By Joe Jarvis

The classic example which always comes to mind for me is of President Calvin Coolidge who lived in the White House fewer than 100 years ago. One of the most powerful people on Earth watched helplessly as his son died of an infected blister from playing tennis.

In that sense, everyone living in America today has a higher standard of living than the President and his family had 90 years ago. Advancements in medicine, technology, information, and production have risen the standard of living for everyone.



loading