Art Laffer: Whenever you redistribute income ( or grades) you reduce total income. If you tax people who work, and pay people who don’t work, you’re going to get a lot of people not working.
Also, the experiment would work better if you did it every year. So the top 10 percent for all their school years have to give away part of their grades to the lower students, over time the top 10 will not work as hard because they are being punished for it. And there will be no incentive for the lower students to improve because they will lose the handout.
Probably the biggest flaw with this analogy is the fact that there is a cap on your GPA (can't go any higher than a 4.0). There is no limit on how much money you can make. Therefore, the disparity between top and bottom incomes is much larger than the disparity between GPA's.
+jacob fortman The point is stealing from people that earned it. The cap is a **red herring.** And there is most certainly is a (soft) practical cap. Any broken system that includes usury will allow one to go over the hard cap (How do you earn more money then what is printed??)
The point was to make a weak straw man argument between two systems that are not at all comparable. Even the video discription fills you in: "your liberal classmates believe it is moral to confiscate money from hard-working Americans and entrepreneurs and give it to those who didn't earn it"... Obviously there are political undertones to this video.
+jacob fortman It doesn't matter how well it applies to wealth redistribution because it's about the principle, not the logistics. Principally it is wrong to take from some to give to others-- that is the point of the video
This video is flawed in its approach to truly discussing these "disadvantages" that are casually cast out by the interviewers. The kinds of disparity that exists within the American educational system, specifically those of lower income public schools that have nothing to do with those people "working hard" I'm not in support of something as ridiculous as GPA redistribution but there are reforms for institutional problems we've had since the civil war in the world of education
LOL. because grade point averages are totally comparable to money. such a flawed argument. wealth inequality causes problems. its like your whole organization has never taken a sociology class. or political science class for that matter too.
