06-11-2020, 11:50 AM
(06-11-2020, 11:39 AM)Sociopathicsteelerfan Wrote: I agree, as stated in my original post, except it didn't start with that. The decay obviously began in the early 70's.
Well, except the War on Drugs really started during the '70s. No, not officially in name, but that is when the policies really started.
(06-11-2020, 11:39 AM)Sociopathicsteelerfan Wrote: Income inequality is an interesting area to study, especially in contrast with Europe. The average take home income in the US is higher than pretty much every European nation. I know people in Europe who've stated that people have comparatively little disposable income there and almost everyone rents. I am aware you get a lot more services in Europe due to the high tax rate. It does disturb me that the average family income in the US is under $60k especially as that's usually with two earners in the family.
The average take home income may be higher in the US, but income inequality is higher meaning that there is much more disparity between the wealthy and the poor in our country. So when you realize that we have a higher take home income, but also a higher income inequality, it can make you realize just how much of a disparity there is to make it that our take home income average is higher.
I hope that made sense. It made sense in my head but I was having a hard time articulating it.
"A great democracy has got to be progressive, or it will soon cease to be either great or a democracy..." - TR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
"The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little." - FDR
