Wage Gap between richest 1% and poorest 1% by state

How do you feel about this kind of income inequality in America in 2016?

  • This is proof the rich are greedy

  • The rich own everything

  • The rich earned it

  • The poor deserve it

  • This makes our nation stronger

  • This makes our nation weaker

  • It's a sign of impending economic collapse

  • It's a sign of the End Times

  • Pinworm stomps it down the drain


Results are only viewable after voting.

ttystikk

Well-Known Member
Attitudes of the increasingly insular rich in America;

Johnny
May 9, 2017 at 10:11 pm
What you don’t understand it that many of the ‘born and bred’ upper 20% have a genuine fear for the lower 80%. Not just fear, but a sense of disgust that comes from the thought that these people ‘made the wrong decisions not to be well off ‘ and hence you can’t even rub shoulders with them.

They are the ‘untouchables’, in the 20% caste system.
Bad luck rubs off.

The people who shop at whole foods or red plum or any of these other crazy priced chains do so in order to express upper class distate for their economic inferiors.

I am always shocked when one of my multi-generational upper 20% friends ( with trust funds and vacation homes) says they would never shop at Vons or Ralphs because of the ‘kind’ of people who shop there. And Walmart would like be a descent into hell itself!

I suggest opening a chain whose goods are ten times the price of whole foods. I promise you the place will be packed by ‘the right kind of people’.
 

Grandpapy

Well-Known Member
Attitudes of the increasingly insular rich in America;

Johnny
May 9, 2017 at 10:11 pm
What you don’t understand it that many of the ‘born and bred’ upper 20% have a genuine fear for the lower 80%. Not just fear, but a sense of disgust that comes from the thought that these people ‘made the wrong decisions not to be well off ‘ and hence you can’t even rub shoulders with them.

They are the ‘untouchables’, in the 20% caste system.
Bad luck rubs off.

The people who shop at whole foods or red plum or any of these other crazy priced chains do so in order to express upper class distate for their economic inferiors.

I am always shocked when one of my multi-generational upper 20% friends ( with trust funds and vacation homes) says they would never shop at Vons or Ralphs because of the ‘kind’ of people who shop there. And Walmart would like be a descent into hell itself!

I suggest opening a chain whose goods are ten times the price of whole foods. I promise you the place will be packed by ‘the right kind of people’.
Can you really blame them, look at all the .99 cent Stores all over the place. Poor SOB's dont stand a chance.
https://www.chainstoreguide.com/static_content/pdf/50-fastest-growing-discount-specialty-retailers-2010.pdf

Walmart has become the new Macy's for most. But yea stock market!
 

ttystikk

Well-Known Member
Can you really blame them, look at all the .99 cent Stores all over the place. Poor SOB's dont stand a chance.
https://www.chainstoreguide.com/static_content/pdf/50-fastest-growing-discount-specialty-retailers-2010.pdf

Walmart has become the new Macy's for most. But yea stock market!
Republicans love to talk about the good old days of the '50s and'60s.

Well... Tax rates were actually progressive back then, and capital gains were higher than wages. This tended to keep investments in the businesses and it kept a lid on extreme wealth. Estate taxes returned a lot of wealth that would otherwise be concentrated in the hands of fewer and fewer families.
Tax-gap.jpg

Now, each and every one of those policies have been reversed and our system is slowly collapsing under the weight of idle billions at the top and a country full of the working- and not working- poor.

article-dan-ariely-wealth-scale.jpg

The problem seems obvious from a historical standpoint, and the solutions are just as clear.
 
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