Have and have not, goodbye America

[alebrewer]

Um, the article is about the bottom 60%, not the top 1%, but don’t let that stand in the way of a segue that fits your good story.

haha! That's awesome, dude. What do you think happens to the bottom 60% when the top 1% capture more wealth? I'll give ya the answer since you're not connecting the dots yet: they get less. The entire point of the article is the growth of the wealth gap. Hang in there, John!

 

[alebrewer]

Typical MAGA, they always deflect to the past instead of holding what Trump accountable for what he is doing here and now.

Nobody ever said Trump is solely responsible.e I pointed out it started decades ago,

You have no idea how humbled and honored I am to be labeled a MAGA. Apparently, you have no concept of what MAGA is, but nonetheless. I think I may cry I'm so honored.

 

[John Hassler]

haha! That's awesome, dude. What do you think happens to the bottom 60% when the top 1% capture more wealth? I'll give ya the answer since you're not connecting the dots yet: they get less. The entire point of the article is the growth of the wealth gap. Hang in there, John!

Nice try but a loose correlation at best.

Here’s some data that’s a bit more stratified and on point.

The Fed - Table: Distribution of Household Wealth in the U.S. since 1989

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

 

[J Grant]

You have no idea how humbled and honored I am to be labeled a MAGA. Apparently, you have no concept of what MAGA is, but nonetheless. I think I may cry I'm so honored.

MAGA values are not the problem; the problem is their willingness to follow Trump into ruination. But that is their right/your right.

 

[alebrewer]

Nice try but a loose correlation at best.

Here’s some data that’s a bit more stratified and on point.

The Fed - Table: Distribution of Household Wealth in the U.S. since 1989

The Federal Reserve Board of Governors in Washington DC.

www.federalreserve.gov

Love it. So what's your interpretation of the table you presented?

 

[alebrewer]

MAGA values are not the problem; the problem is their willingness to follow Trump into ruination. But that is their right/your right.

Is this J or Zoe?

 

[J Grant]

Wrt the growth of the extreme wealth gap-Trump is just getting started . By the time he leaves, more of America's assets and resources will be stripped, going from the public domain, which we the taxpayers can control and profit from, and siphoned off into the private domain, controlled by and benefiting the billionaires and corporations. The wealth gap will grow under his watch.

Trump sold the problem as fraud and waste in government agencies to strip them of their ability to protect and serve American citizens, while his lavish crony spending and fat government contracts for defense and SpaceX and ICE will cost taxpayers untold billions of waste and fraud.

 

[Mike Ault]

Love it. So what's your interpretation of the table you presented?

It needed to start with Reagan.

 

[George Hatch]

Whatever. When I'm competing for goods and services in the market I'm competing with the population, not the elites. That includes residential rentals, which are what comprise the floor for pricing on the sales.

 

[Elliott]

So for each $1Trillion you take from the top 5%, the remaining, say 335 million, they get about $3000 per person. $1 Trillion invested in manufacturing and infrastructure creates about 1 to 2 million jobs. The top 5% have about $65 Trillion.