Log #1

In the article I read was about income gap, about how ECFA shall only widen the income gap in Taiwan. Indeed, income gap has become a great problem to all the nations in the world, and in many other countries, way more serious and disturbing than Taiwan. ECFA was signed nearly a decade ago, and so was the article written. Judging by our current situation, it is safe to say that the author of the article was after all correct. It took Hong Kong as an example and demonstrated that with greater freedom of trade comes greater income gap, since international trading is mainly company business, which naturally profits business owners.

However, the article concludes that is could have been prevented with a more cautious trading policy when it comes to the great rich in store in China. I suppose this was what went wrong: those who are able to move have all moved to China, and those who are not are stuck. We would now never know what would have happened if we had not focus so much on short-term profits. But, it is important that we learn not to make the same mistakes. We are see more and more domestic conflicts arising from social class difference, and it will only grow worse if we don’t come up with means to curb the widening income gap.