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Their not Republicans, but their not Democrats either running this country.
They are Globalists Neo Conservatives with their interests focused globally, not nationally as they should be in our government. Fortunately they will fail and burn in hell.
The USA has left the ranks of the other first world countries and is now in the same class as Mexico and China.
USA has always had more income inequality than other countries. One of the reasons is because US is big. How do you think the income inequality would have been in the EU.
We don't have to guess. EU has already done it
Spoiler
US relative poverty: 16%
EU relative poverty: 18%
And don't forget that these are relative numbers. The average living standards in EU is lower. Hence, the poor is worse off.
Trickle down economics was a snow job that proved a huge boon to those at the top and a hose job for the rest.
Or maybe causes like immigration and bad education system have caused the income inequality. If it is just the rich who has benefited, then why are highly educated professions increasing their wage too.
Maybe not enough people are educating themselves into field such as medicine. And maybe too many people lack skills to become anything else than a store clerk.
Also, it is interesting how liberals believe in their own version of trickle down economics. If we enrich union workers, then supposedly that will give non-union workers better conditions too.
And if the rich 1% has benefited so much, why is their share of taxes going up. It doesn't seem to me that faverouble tax rates are the cause of the income inequality.
The inherent vice of capitalism is the unequal sharing of blessings; the inherent virtue of socialism is the equal sharing of miseries. Winston Churchill
Don't they have a bigger pay gap between the 99% and 1% now? It makes more sense that if you earn more of the money you'll pay more of the taxes...
But supposedly lower taxes were the reason they were getting richer. But from what we see incomes go up, and share of taxes go up even faster.
It is pretty clear there is another factor driving income inequality up. I think the other factors are low-skilled immigration, competition from abroad and bad education.
If it was only due to a biased system, then we would not see massive increases in professional wages.
simetime, go back to the other thread and continue with your whining. pooooorrr girl.
Sorry to disappoint you but I'm more man than you can ever be. Why are you so pissed off because you are not intelligent enough to form your own opinion. Just because you are a mindless sheeple does not mean everyone else has to follow suit
The wealthiest 1 percent of the global population now owns 39 percent of all the wealth on the planet.
So exactly who are the top one percent?
The global elite are absolutely obsessed with power and control and they have been working to implement their agenda for a very long time. In the end, they hope to unite the entire planet under a monolithic global system that they control.
They are actually quite open about this - it is just that most people do not want to believe it.
The gap between the wealthy and the poor is rapidly growing in the United States as well.
Sadly, this means that the middle class is steadily disappearing as the ranks of those that are living in poverty continues to increase.
But of course not everyone is doing badly in the U.S. right now. In fact, those that own stocks have had lots of reasons to celebrate in recent months.
So who owns stocks?
Well, the wealthy do of course. In fact, approximately 60 percent of all individually held stocks are owned by the top 5 percent of all Americans.
The wealthiest 1 percent of the global population now owns 39 percent of all the wealth on the planet.
So exactly who are the top one percent?
The global elite are absolutely obsessed with power and control and they have been working to implement their agenda for a very long time. In the end, they hope to unite the entire planet under a monolithic global system that they control.
They are actually quite open about this - it is just that most people do not want to believe it.
The gap between the wealthy and the poor is rapidly growing in the United States as well.
Sadly, this means that the middle class is steadily disappearing as the ranks of those that are living in poverty continues to increase.
But of course not everyone is doing badly in the U.S. right now. In fact, those that own stocks have had lots of reasons to celebrate in recent months.
So who owns stocks?
Well, the wealthy do of course. In fact, approximately 60 percent of all individually held stocks are owned by the top 5 percent of all Americans.
This means that having a million dollars in assets puts you not merely in the top 1% globally, but the top half a percent.
So who you ask are the global 1%? Mostly people with less than a million dollars of assets -- middle aged and recently retired upper-middle class workers in the western world, often having a good chunk of cash in their homes. A lot of us on this very forum will probably be in this group in our fifties and early sixties if America doesn't go completely down the drain before then.
The ultra wealthy people you think of when you think of the 'richest people in the world' (5million+ in assets)? About 00.04% of the population -- The top 4% of the top 1%.
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