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I strongly suspect that a lot of this targeted growth in income would not have happened but for the huge experiment in Keynesianism we now find ourselves.
You know you're doomed when the primary public policy (aside from the odd war) seems to consist of shovelling money to favored groups via money policy, and then confiscating some of it and giving it to other favored groups.
It's like watch one of those old plate spinning acts with the talent running back and forth faster and faster....
Pump a tremendous amount of money into bond markets and of course it's going to flow to the rich; QE played a huge role in increasing capital gains in the last few years and that flows right to the top.
Quote:
Originally Posted by chucksnee
Now the left is going after the top 10%?
What do you have to earn to be in the top 10%, $125,000 +/-?
I'll bet a LOT of people will be surprised they are in the top 10%....
That's really the problem with Democrats. We are slanted right now too much towards capital rather than labor, but in practice it's not the top 1% Democrats go after the most aggressively, it's the top 25-2%; they talk a big game against capital and bankers and then turn around and go after doctors and engineers.
The top tier are costing Americans everything. They do not need tax cuts. We
can use that money to repair our crumbling infrastructure. We can help save the
middle class which has been disintegrating since Reagonomics started the trickle
down scheme that would make the wealthy more wealthy and damn the rest.
When we start repairing our infrastructure we create jobs and make America
better with a more modern infrastructure and more jobs.
The top tier are costing Americans everything. They do not need tax cuts. We
can use that money to repair our crumbling infrastructure. We can help save the
middle class which has been disintegrating since Reagonomics started the trickle
down scheme that would make the wealthy more wealthy and damn the rest.
When we start repairing our infrastructure we create jobs and make America
better with a more modern infrastructure and more jobs.
The TOP tear is 90% of Americans....by a poster in this thread...
So lets open the borders and give them work visas to undercut people who don't want to work for $10 an hour!
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