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TOP 1% of US earners have now more wealth than the whole middle class.
#15
(02-17-2024, 10:22 PM)Millhouse Wrote: This trend has been in the works for decades now, like the last 60 years or so. Like in the 1950s, the wealth distribution was much different, but then globalization and the rise of the shareholders of these companies began happening in the following decades which accelerated a lot in the 1980s and 90s.

At this point there isnt much that can be done imo other than passing a few 'band-aid' like bills for amputations that can't be reversed so to speak.

Oh, there is plenty that could be done. The problem is that the further down the path we go, the more radical the solution will need to be.
"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
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RE: TOP 1% of US earners have now more wealth than the whole middle class. - Belsnickel - 02-17-2024, 10:54 PM

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