Episode 74

Is Income the Litmus Test for Equality?

Continuing with parsing through the politics of income inequality, we shift from the myths and articles to get down to some simple questions.

We consider these few basic thoughts:

  1. College shows why incomes differ. Different majors offer different skills that have different levels of supply and demand. People intend to go to college for a return on investment.
  2. Jobs are different and command different incomes. Should a low-skilled factory worker make similar income as a brain surgeon?
  3. Because people are different, an economy rebooted with income inequality would never naturally stay that way. People save differently, spend differently, invest differently, and seek different vocations. Any snapshot of an economy with income inequality imposed would quickly revert to inequality without persistent draconian regulation. Our differences are why we trade, interact, and benefit each other.
  4. Different types of employment structures account for income inequality. Full time, part time, contract, and freelancing are different and have their strengths and weaknesses. They are all needed for a natural, healthy economy. When bureaucrats want to make all jobs full time, 40-hour hires with employer-sponsored health insurance and benefits, the economy suffers and people lose their freedom and flexibility.
  5. Monetary income is not the only factor in measuring equality. Different skills, difficulties, demands, perks, hours, and flexibility can all factor into income. There is an unseen measure of value in flexibility and lower stress. Some people prefer an easier life and can adapt to lower income. Higher income can also mean higher stress. Introverts and extroverts can have different needs that can factor into income and expenses.
  6. God made us all different for a reason. The Holy Spirit gives different spiritual gifts to members of the Body of Christ. These gifts might differ in visible impact, but they are all important. Christians should consider this as they view the economy.

Scriptures Cited:

1 Corinthians 12:15-18

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About the Podcast

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Truthspresso
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About your host

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Daniel Mynyk

Daniel Mynyk is a software developer with experience in the education, real estate, and manufacturing industries. He is a devout Christian and an affluent lay apologist, having taught adult Sunday School classes in theology and church history. Daniel has authored the book "Freedom To Give: The Biblical Truth About Tithing." He has also been a guest on the syndicated radio show Bob Enyart Live and popular podcasts such as Apologetics Live, Theology Throw Down, and The Rap Report with Andrew Rappaport. He runs the apologetic website TruthHub.org and hosts the weekly podcast Truthspresso. Daniel lives with his wife Chelsea their four kids.