The growing wealth gap in America

And boy is it ugly

I wasn't aware there was one.

^
What are you, some sort of commie-propagator.

There's always been the few 'who have the most' and the many 'who have little', ever since Marduk of the Hill People took Pothwa of the Grassland Hunter's hunting grounds and women, so why disturb the natural order?

Me either I thought it would be down instead of up

Indian School of Economics. If wealth disparity is too big and/or if upper income tax bracket is less than 50%, economic instability followed by depression will occur. The top 1-1.5% made huuuuuge cash during the "recession" and continues to make record profits despite state budget crises, stagnant job growth, and real unemployment creeping to great depression levels. It's also arguable that the rich haven't had this much influence on politics in over 130 years. That's the problem.

Originally posted by Darth Jello
Indian School of Economics. If wealth disparity is too big and/or if upper income tax bracket is less than 50%, economic instability followed by depression will occur. The top 1-1.5% made huuuuuge cash during the "recession" and continues to make record profits despite state budget crises, stagnant job growth, and real unemployment creeping to great depression levels. It's also arguable that the rich haven't had this much influence on politics in over 130 years. That's the problem.

Austrian School of Economics: Shut up!

Originally posted by Darth Jello
It's also arguable that the rich haven't had this much influence on politics in over 130 years. That's the problem.

The Rothchilds disagree.

Originally posted by The Dark Cloud
And boy is it ugly

Originally posted by Mindship
This is news?
Look at the bright side: we're not serfs living in feudal times.

I just cut your arm off but don't worry, I could have cut your head off.

It's just a flesh wound.

Originally posted by Mindship
This is news?
Look at the bright side: we're not serfs living in feudal times.

Not really news but as the article points out it's worse than most people thought...and it's only going to get worse, twenty years from now the middle class will only be a distant memory.

Originally posted by Mindship
It's just a flesh wound.

Originally posted by The Dark Cloud
Not really news but as the article points out it's worse than most people thought...and it's only going to get worse, twenty years from now the middle class will only be a distant memory.

Originally posted by Mindset

Originally posted by Mindship
This is news?
Look at the bright side: we're not serfs living in feudal times.

I guess we have something to look forward too.

It's just as "bad" as I thought it was.

It's why I think we need aggressive and radical action and reform now to prevent greater suffering later.

Originally posted by Mindship
This is why World Economic Revolution is coming in 2034...another reason why 2050 won't be recognizable.

Well an American one. EU countries don't have nearly the income gap that America does, even China is already trying to fight the trend in that area.

But as we all know if you tell businessmen they can only make billions of dollars a year once the median standard of living rises they'll just leave the country. Which is why no wealthy people live anywhere in Europe. Not a single one. In fact no economy exists in EU nations whatsoever.

It's true, Europe's essentially a desolate hellhole of war and famine.

Where are all the rich people?? Where are they?? I want to go where they are.

Originally posted by Deja~vu
Where are all the rich people?? Where are they?? I want to go where they are.