Economy CONFIRMED: The wealthy destroy the middle class

[tramendous]

They just don't understand that most of that wealth needs to be reinjected to the lower classes to keep the game moving.

If the elites let it get too bad they're going to get eaten, like always. You'd think they'd have figured some of this out by now.

Lol when had that happened? Like dont they just take their money and go somewhere else?

 

[Mr Holmes]

https://www.forbes.com/sites/camilo...an-the-working-class-in-2018/?sh=48b494693128

 

[GtehMVP]

The wealthy are leftist globalists.

the middle class is white america.


OF COURSE they are attacking white america

The super wealthy are oligarchs, I wouldn't call them left or right, it's a different class. They are the ones moving the pieces on the board, pitting us all against each other while they rake in mega $$$ and impoverish the rest of us.

 

[Letssnuggle]

From time magazine, the top 1% took 50 trillion dollars from the middle class

https://www.google.ca/amp/s/time.com/5888024/50-trillion-income-inequality-america/?amp=true

Price and Edwards calculate that the cumulative tab for our four-decade-long experiment in radical inequality had grown to over $47 trillion from 1975 through 2018. At a recent pace of about $2.5 trillion a year, that number we estimate crossed the $50 trillion mark by early 2020. That’s $50 trillion that would have gone into the paychecks of working Americans had inequality held constant—$50 trillion that would have built a far larger and more prosperous economy—$50 trillion that would have enabled the vast majority of Americans to enter this pandemic far more healthy, resilient, and financially secure.


had the more equitable income distributions of the three decades following World War II (1945 through 1974) merely held steady, the aggregate annual income of Americans earning below the 90th percentile would have been $2.5 trillion higher in the year 2018 alone. That is an amount equal to nearly 12 percent of GDP—enough to more than double median income—enough to pay every single working American in the bottom nine deciles an additional $1,144 a month. Every month. Every single year.

Can you name these middle class individuals and link the 1%’r who stole their money?

If not, seems sus.

 

[StoneColdSteveAustin]

Its like you don't even know how to use google.

Yeah that’s what it must be. Spot on.

 

[fedoriswar37]

imagine being so partisan and wanting the other side to lose so bad that you side with rich people taking your money away.....
/QUOTE They don't take your money . They are given it by somebody who takes it from you

 

[Fugazy]

People used to buy and sell goods from you each other, family owned businesses, etc. Now everyone gets everything off of Amazon. Bezos didnt steal anything, the people voted with their dollars and Amazon won. This holds true for many industries. Lower prices drive everything

Yeah, it’s just really fucking sad.

Often times when you factor in the quality of what your are buying and all the waste that goes into getting it to you, and sending that money out of your city, it’s a loss for a lot of people, even the end consumer imo.

And honestly some people don’t even give a shit if they pay more. They just want to have what they want dropped on their doorstep, everything else be damned.

 

[Officer Rick]

and if you knew why you wouldnt have posted it

 

[Mr Holmes]

and if you knew why you wouldnt have posted it

Oh boy. Card carrying Republicans? Last time I checked Obama took credit for the recovery & economy.

 

[Scheme]

There is no free market with huge monopolies.

it’s economics 101. Entities like Amazon must be destroyed for the benefit of America and the American worker

Amazon is not a monopoly. There are plenty of competitors in the online shopping space. It only seems like a monopoly because everyone uses Amazon.

 

[panamaican]

It's nice that they put a number on it. But anyone who actually pays attention to this stuff has known that the rising inequality has shifted huge amounts of wealth from the middle class to the upper class.

The problem isn't that people don't know this. The problem is that we have a group of people who don't care that they're getting shafted so long as some poorer person gets shafted harder. They're so concerned about some stereotypical welfare recipient gaming the system for extra food stamps that they're perfectly fine with having their own long term earnings (and those of their children) brutally reduced at the same time.

It's like they've been saying "You can steal my car, as long as you don't give that hitchhiker a ride in it."

 

[Rajon Rondo]

We need a bolshevik revolution in the west or french style revolution.

also inb4 right wingers who have more in common with Lenin and the Soviets argue that Koch brothers and private capitalists like Bezos need to be protected because ´´´muuuhh communism destroys economies´´´

Why not higher taxes?

 

[Natural Order]

Lol when had that happened? Like dont they just take their money and go somewhere else?

True, it never truly resets. There are just setbacks and shifts.

 

[Proud American]

Amazon is not a monopoly. There are plenty of competitors in the online shopping space. It only seems like a monopoly because everyone uses Amazon.

What the fuck is this?

at&t used the same argument. Shit standard oil used the same argument.

you would have been a great lawyer for US steel

 

[Proud American]

Why not higher taxes?

Corporate taxes always get pushed onto the consumer. Every time. They just raise the price of the service or product

 

[Proud American]

Then what do you do about Chinese equivalents?

Deny them access to our market, and do our best to have our “allies” deny them as well.

 

[Source]

The wealthy are leftist globalists.

the middle class is white america.


OF COURSE they are attacking white america

Spoken like a true white nationalist.

 

[ElKarlo]

We need a bolshevik revolution in the west or french style revolution.

also inb4 right wingers who have more in common with Lenin and the Soviets argue that Koch brothers and private capitalists like Bezos need to be protected because ´´´muuuhh communism destroys economies´´´

Basil II knew that nobility that acts only in their own self interest aren’t good. He took them to the wood shed. The nobility wanted to be petty rulers and never pay taxes, while not performing their role in society. That means society doesn’t need them and doesn’t need to protect them. Mores my friend need to be upheld and they aren’t

 

[lifelessheap]

The globalists have split nations against themselves.

never again will they allow an occupy Wall Street movement.

All over the west they will import immigrants and set them against the native populations of western nations.

they will dividen and use media to stoke the flames of hate. They will have us fight each other forever. And that way we will never be unified enough to overthrow them

The tea party and occupy had the same goals. They couldn't see past their differences.

 

[Scheme]

What the fuck is this?

at&t used the same argument. Shit standard oil used the same argument.

you would have been a great lawyer for US steel

There are literally hundreds of general online shopping sites. In what way is Amazon a monopoly when there are so many competitors?

Just because everyone uses it doesn't make it a monopoly.