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Started By
Message
re: For first time ever, 1% own more wealth than entire middle class
Posted on 10/18/21 at 7:35 pm to HailHailtoMichigan!
Posted on 10/18/21 at 7:35 pm to HailHailtoMichigan!
We used to break up trusts and monopolies. Now, our government runs cover for them.
2
Posted on 10/18/21 at 7:37 pm to HailHailtoMichigan!
quote:
No, the answer is stop the ridiculous consumerism.
Yea...frick you AMERICANS that work hard and make money. frick you for spending your hard earn money. frick you that your money created jobs and paid taxes beyond belief....STOP SPENDING MONEY ON THINGS WORKERS BUILD!!!
Naw, frick you HHM. Let's go Brandon!
This post was edited on 10/18/21 at 7:41 pm
Posted on 10/18/21 at 7:38 pm to HailHailtoMichigan!
quote:
You are absolutely INSANE if you don’t think people are buying more shite than they used to.
It adds up.
Period.
Well you can't take the money with you
Posted on 10/18/21 at 7:39 pm to HailHailtoMichigan!
quote:Middle class people don’t own restaurants?
Stop eating out every meal
Posted on 10/18/21 at 7:41 pm to HailHailtoMichigan!
The funny thing is that young Bolsheviks think that communism would make things more equal, rather than to simply hand control directly to the wealthy elite.
Posted on 10/18/21 at 7:43 pm to Taxing Authority
quote:This is simply not true. In fact, it's quite likely that the US housing stock is quite underbuilt. In any event there's no chance that "most places" are over built.
Most places are waaay over built.
Posted on 10/18/21 at 7:48 pm to HailHailtoMichigan!
Well, that’s strange. I’m middle class, pay off my credit cards each month, and my net worth boomed during the Trump admin. Boomed.
Net worth is still increasing on average, but at a much slower rate with Brandon.
Posted on 10/18/21 at 7:53 pm to SDVTiger
Middle class Americans filling up Life Storage units across America does not indicate there is a lack of ability to consume
The issue is that so many don’t save
The Dems want the folks who live off the government to be able to buy enough crap that they have to pay $200 a month for a storage unit. That would be equity
The issue is that so many don’t save
The Dems want the folks who live off the government to be able to buy enough crap that they have to pay $200 a month for a storage unit. That would be equity
Posted on 10/18/21 at 8:05 pm to HailHailtoMichigan!
quote:
frick you for being disrespectful
you don’t deserve respect you condescending bitch. you know frick all about economics and the minutia of the money supply
Posted on 10/18/21 at 8:06 pm to NIH
I don’t even disagree with him that consumerism is a huge problem but he sounds like an absolute idiot when he mentions mink coats (only hoodlums are buying a these) and Xbox live (very cheap)
Posted on 10/18/21 at 8:33 pm to imjustafatkid
quote:
The answer to this is less regulation and lower taxes, but the morons will vote for the people who do the opposite.
I’ve grown tired trying to explain this to people that are obviously too stupid to understand.
Posted on 10/18/21 at 8:37 pm to HailHailtoMichigan!
quote:
High schools need to have financial planning classes
Racist whiteness
Posted on 10/18/21 at 8:41 pm to Cosmo
quote:
The problem isnt the 1%
It is the 0.001%
The oligarchs that control everything
Right. And people will often say things like "the top 10 percent pay X% of all taxes!"
While true that's not a particularly important observation. Someone barely in the top 10% is in fact paying their fair share and they're shielding the .0001% from paying their share.
Posted on 10/18/21 at 8:43 pm to SDVTiger
quote:
The middle class is buying mink coats?
I don't even think the rich buy those anymore. Is it the 1980s?
Posted on 10/18/21 at 8:47 pm to HailHailtoMichigan!
So it’s really, “you have everything and you will enjoy it “
Posted on 10/18/21 at 9:12 pm to HailHailtoMichigan!
I personally don’t care if some people make enough money to launch rockets to space for entertainment. My concern is that, while consumer goods are cheap due to offshoring of manufacturing, the industries we can’t offshore like construction, education, and health care continue to grow out of the reach of millions and millions of us. Food hasn’t grown unaffordable due to farm subsidies. The feeling I get is that policy makers expected us to sit in front of 70” TVs, get fat, and forget the whole idea of striving for something better for ourselves and our children.
Posted on 10/18/21 at 9:19 pm to Powerman
quote:i'm half convinced HHTM is either an AI bot or a hermit of some kind. he occasionally makes a post that leads me to believe he hasn't interacted with real people in 25+ years
I don't even think the rich buy those anymore. Is it the 1980s?
Posted on 10/18/21 at 9:23 pm to HailHailtoMichigan!
Lol
Posted on 10/18/21 at 9:41 pm to The Goon
quote:It's always interesting that people blame "the rich" for corruption, but don't blame the politicians for it.
Wealth inequality and a corruptible federal government are two very different items.
It takes to to complete that transaction. If you want to cure corruption in politics-- make politicians less powerful. If they had no power, no one would be "buying" them.
Posted on 10/18/21 at 9:42 pm to kingbob
quote:And if you look at corporate censorship and vaccine mandates... may of teh trusts and monopolies are running cover for the government.
We used to break up trusts and monopolies. Now, our government runs cover for them.
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