Quote:
Originally Posted by Pete F.
"He" is not the problem, the fact that our current system has made it so that there is a greater and greater disparity is the problem. Extend the current trend and sooner or later our descendants will be serfs.
Here is how incomes have grown since 1982 by class
https://public.tableau.com/views/USI...play_count=yes |
Pete, stop switching and baiting. You keep going back and forth between income and wealth. After establishing that wealth was the important factor, you switch back here to income.
The chart you show here does not indicate that sooner or later, as you infer, our descendants will be serfs. All income levels grew, and most at substantial levels. That is not a trajectory heading toward serfdom. And we have safety nets for those who fall below the so-called poverty line. You consistently don't answer how income or wealth rates for the few growing at higher rates hurts those whose income grows at slower rates. You may be right, but if so, explain why.
Answer directly, in your own words, Jim's questions and examples instead of deflecting and switching.