Do I think it is good? No.

But do I think it is NEW? No.

Look at the ownership of the US at its founding. And then look at it
in 1860. Then look at the people who built the mansions in Newport,
and the railroads.

The massive disparity in incomes and wealth has been a fact of life in
the US for most of its history. Only in the 20th century was that gap
closed a little.

Yet somehow we were all convinced that the leveling out of incomes was
the natural order.

I think we can clearly see, going by elected officials, laws being
made, court rulings, etc, that the extreme wealthy have regained the
upper hand, and is once again raping and pillaging with no recourse
from the rabble.

I do think, though, that it will start to shift back in the next
decade, since the current model is unsustainable without a rebellion.



On Tue, May 10, 2011 at 9:39 AM, Vivec <[email protected]> wrote:
>
> From the sources, the countries varied so I guess that's the reason.
>
> But yes, the author did show those countries that portray stark
> differences.
>
> Regardless of whether you think the 'Poor have it good' in the US, do you
> think the ever widening gap
> and the fact that such a large percentage of revenue goes to less than 0.1%
> is a good thing for an economy?
>
> On 10 May 2011 09:36, Jerry Milo Johnson <[email protected]> wrote:
>
>>
>> Pointing out that even a family in the lower 20% of income has it
>> pretty good here in the US.
>>
>>
>
>
> 

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