Ain’t We Got
Fun
There's nothing surerThe rich get rich and the poor get poorer
In the meantime, in between time
Ain't we got fun?
Do the rich have to get
richer, and the poor get poorer?
Given my recent blog post that variance ( e.g. the difference between
rich and poor) should be a constant, https://dbeagan.blogspot.com/2025/02/variance.html.
it is appropriate
to review an earlier blog post on the difference in wealth among nations. https://dbeagan.blogspot.com/2021/11/distribution-of-wealth-iii.html . As well as
a blog on the consequences of keeping the
location parameter constant and allowing the variance to increase to accommodate
growth. https://dbeagan.blogspot.com/2023/09/distribution-of-income-ii.html
The fact that variance is a constant and location is
not, can lead to bad policy decisions if it is wrongly assumed that location is
constant and variance is not. It is totally
correct that things were better from 1946 to 1964, and that things were much
worse from 1996 to 2013, just as it is true that Christmas is better than the Dog
Days of Summer. But making every day Christmas
is a stupid and childish response, just as MAGA is. The grown‑up
response is to work hard during the Dog Days of Summer so that the following Christmas
can be as good, or even better than, the past Christmases that you do remember. The fact that humans don’t live through more
than portion of two cycles of historical periods of 100 years does not mean that the cycle
is not there, just that a single individual can not experience multiple cycles.
Mark Twain said that “History doesn't repeat itself, but it
often rhymes.” William Faulkner said that
the “The past is never
dead. It's not even past”.
Just because you can’t see other cycles, does not mean that other cycles
do not exist, only that you can’t personally experience them. Learn from a study
of the historical past. Grow up! It can’t
be Christmas every day! Don’t be a such
a child!