America's "downhill slide has been pretty fast"

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Piobaire
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05 Nov 2018, 2:15 pm

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“Whereas the income share of the top 0.1% has more than quadrupled and that of the top 1% has almost doubled, that of the bottom 90% has declined. Wages at the bottom, adjusted for inflation, are about the same as they were some 60 years ago. Wealth is even less equally distributed, with just three Americans having as much as the bottom 50%. As more of our citizens come to understand why the fruits of economic progress have been so unequally shared, there is a real danger that they will become open to a demagogue blaming the country’s problems on others and making false promises of rectifying ‘a rigged system’.
We are already experiencing a foretaste of what might happen. It could get much worse.”


America should be an important warning to other countries



LoveNotHate
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05 Nov 2018, 2:26 pm

A good reason to support Trump's tax cuts 2.0 and 10% middle class tax cut.

Putting more money in our pockets will lessen wealth inequality.


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Piobaire
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05 Nov 2018, 2:39 pm

LoveNotHate wrote:
A good reason to support Trump's tax cuts 2.0 and 10% middle class tax cut.

Putting more money in our pockets will lessen wealth inequality.


Uh huh. :roll:

98% of Trump's tax cut went to the rich
Tax cuts for rich drive deficit over $1 trillion
GOP plan to gut Social Security & Medicare



Piobaire
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05 Nov 2018, 3:19 pm

LoveNotHate wrote:
A good reason to support Trump's tax cuts 2.0 and 10% middle class tax cut.

Putting more money in our pockets will lessen wealth inequality.

:roll:

Republicans Themselves Crush Trump Lie About New Middle Class Tax Cut
Trump Now Lies 30 Times Daily



RetroGamer87
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11 Nov 2018, 11:02 pm

Don't give America all the credit. Europe and China had inequality a thousand years before America was even thought of.


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