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Just was reading the "3rd Word" thread. No, we are not going to be 3rd world anytime soon, but the current inequality is taking us that direction. Here is a post about the declining median income. I will do another search to learn about the mean income.
I think we all know that this is a trend that has been developing for some time. Where the folks at the top are taking off like a rocket, and the rest of us are going nowhere fast. This is what makes me think that the economic policies that favor the wealthiest, are undermining our country.
Witness the GINI coefficient, which is a measure of the inequality of income. We are far above all the other western countries, and we may eclipse Mexico soon. Is Mexico becoming a first world country, or?
Just was reading the "3rd Word" thread. No, we are not going to be 3rd world anytime soon, but the current inequality is taking us that direction. Here is a post about the declining median income. I will do another search to learn about the mean income.
I think we all know that this is a trend that has been developing for some time. Where the folks at the top are taking off like a rocket, and the rest of us are going nowhere fast. This is what makes me think that the economic policies that favor the wealthiest, are undermining our country.
Witness the GINI coefficient, which is a measure of the inequality of income. We are far above all the other western countries, and we may eclipse Mexico soon. Is Mexico becoming a first world country, or?
The solution to income inequality is a strong economy and full employment, not income redistribution. That's the choice we face this election.
Yes, but the Obama worshippers won't see it that way. They view him as the annointed one who can not be questioned, and that's how he views himself. There are those who deep down know that he has not given them anything but will still run out, give up their time to vote for him.
Just was reading the "3rd Word" thread. No, we are not going to be 3rd world anytime soon, but the current inequality is taking us that direction. Here is a post about the declining median income. I will do another search to learn about the mean income.
I think we all know that this is a trend that has been developing for some time. Where the folks at the top are taking off like a rocket, and the rest of us are going nowhere fast. This is what makes me think that the economic policies that favor the wealthiest, are undermining our country.
Witness the GINI coefficient, which is a measure of the inequality of income. We are far above all the other western countries, and we may eclipse Mexico soon. Is Mexico becoming a first world country, or?
Making the rich richer by taking from everyone else is the Republican Way as given to them by thier great God Mammon, Prince of Greed and ruling Diety of Wall Street.
Income disparity is a result of long term policy and is not an accident. The resulting strength of the country is irrelevant so long as the wealth becomes more concentrated.
Making the rich richer by taking from everyone else is the Republican Way as given to them by thier great God Mammon, Prince of Greed and ruling Diety of Wall Street.
Income disparity is a result of long term policy and is not an accident.
Why is pro-Obama JPMorgan making money off of the backs of the poor vis-a-vis EBT cards?
He had full control over the legislature for two years. That should be enough time to reduce income inequality.
This is a joke right?
The current situation was years in the making and anyone who believes that the current president could either wave a magic wand and "fix' things or is solely responsible is naive beyond measure.
And, how do people defend the fact that median income has lowered over the last thirty years when companies have been making money hand over fist and endowning CEOs and others at the top with obscene salaries and other rewards for paying their workforces wages barely above poverty level?
What does this say about us as a country that we are so willing to defend those who treat us like chess pieces to be moved around to satisfy their shareholders?
Sounds to me like the op should have realized that obamanomics isn't working. At all. I don't know about you all but my life and economics has been far better under republican administrations than dem save for the second half of the clinton admin when repubs won congress and forced billy boy to the center.
Why is pro-Obama JPMorgan making money off of the backs of the poor vis-a-vis EBT cards?
Because they can?
It is a disgusting practice. Same with BofA providing UE benefits and charging people to access their own money.
But, "regulation" is a dirty word isn't it?
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