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What part of "the income inequality has grown MUCH larger over the last 30 years than in any time in history of the US" don't you understand?Obviously, wealth builds wealth.. . and if everyone could benefit from the wealth of a nation, even if it is not at the same rate, but at least to some extend, things would not be so serious.However, it is clear that in the last 10 years at least, the poor have NOT increased their wealth. . .in fact their wealth has DECREASED, while the top 1% (and the disparity increases as you go up the ladder!) has continue to gain more wealth. . .because of the Bush tax cuts, and because of the Wall Street greed that sees price of stock INCREASE when workers are LAID OFF!This is NOT sustainable, whether you like it or not! Creation of wealth may not be finite, but it is obvious that very little wealth was created over the last 10 years (and certainly not since the 2008 mess!), and yet, the wealthy have gotten wealthier. . . from what do you think?
What part of "the income inequality has grown MUCH larger over the last 30 years than in any time in history of the US" don't you understand?
Obviously, wealth builds wealth.. . and if everyone could benefit from the wealth of a nation, even if it is not at the same rate, but at least to some extend, things would not be so serious.
However, it is clear that in the last 10 years at least, the poor have NOT increased their wealth. . .in fact their wealth has DECREASED, while the top 1% (and the disparity increases as you go up the ladder!) has continue to gain more wealth. . .because of the Bush tax cuts, and because of the Wall Street greed that sees price of stock INCREASE when workers are LAID OFF!
This is NOT sustainable, whether you like it or not! Creation of wealth may not be finite, but it is obvious that very little wealth was created over the last 10 years (and certainly not since the 2008 mess!), and yet, the wealthy have gotten wealthier. . . from what do you think?
