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Thanks to Trump. "Prove it" you say? It's called the Stock Market Casino and it's participation is by and large only the top 10% of Americans.
At the same time news is out that young people can't afford to buy their own homes anymore once they become adults. News is also out that violence has been shown over history as the most effective and used response to re-balance inequality.
So how long until this whole house of cards comes tumbling?
Facts Again - top 10% are richer. Young people can't afford to buy houses. Violence proven in history as means cultures re-allocate wealth.
Okay, the reality is 0bama and his domestic policies have been in place for eight years. He added $10 trillion to our debt, and QE 1-4 (Quantitative Easing) added about $4 trillion more, and where did all that extra money go?
Did that $14 trillion go to the poor????
No.
Did that $14 trillion go to the middle income families?
No.
Yes and blacks are rising. That much is true. Whites on the other hand...
There's no substitute for hard work. Ok, let's get that out of the way. However, hard work in Bangladesh and hard work in NYC yield two different outcomes. Hard work knowing Carlos Slim is not the same outcome as hard work knowing Police officer Carlos Slim.
Part of our nation has seen hardwork not amount to much, they've given up, and we see the results. Black people are going to be key in preventing upheavel because we can all see the rise out of poverty for many.
You will never be able to equate outcomes. NEVER.
You need to give that up.
Equal opportunity - great.
Equal outcome - chasing after unicorns and rainbows.
"The one percent" is easier to say, but people making these points would be more correct if they used "the top one-tenth of one percent", as Sanders does.
How the heck are you measuring 'richer'? You mean by wealth? Is that bank account or stock portfolio?
Money in the US loses value at 2.2% per annum, which is less than any interest bearing savings account I currently know about.
Truth be told, market forces (not Trump) control the actual value of both. I know lots of millionaires who became thousandaires in 2008 - through no act of their own. Most IRAs for teachers, cops, firefighters, union members, and independents have stock as a portion of their portfolios. Hardly the top 10%.
Your last sentence is pure Marxist-Leninist pablum. Please Google "Fall of the Soviet Union..."
I wonder if our educational system leaves out the study of Marxist-Leninist and Communism because people surely don't understand how their leaders rule through fear. Millions of people always end up dead. Marxist-Leninist Communism believe of poverty, death and destruction.
"The one percent" is easier to say, but people making these points would be more correct if they used "the top one-tenth of one percent", as Sanders does.
true. I am a 1%'er and while I can easily afford the bottle of Cristal I certainly can't afford the yacht to drink it on.
I also drive a used car, remodeled my bathroom myself, and clip coupons.
The one percent will always get richer. They had more to start with.
This is where many go wrong. Most people are not lucky enough to inherit a lot of money and of those who do, many spend it frivolously. People who are smart with their money invest / build wealth. There is no magic wand no matter what anyone including politicians tell you and no matter how much you b*tch nothing is going to change it either.
I'll help you out.... think of it this way.... every time you spend your money frivolously, every time you use debt to buy something that takes money out of your pocket and loses value, you're making some else richer.
I don't normally take the side of Trump, but you really can't blame wealth inequality on him, or the housing costs, or anything else like it.
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