We’ve outsourced them to China and other places...
How many millionaires do hellholes like Cuba and North Korea have?
To be factual about the matter - income inequality is skyrocketing. Mere millionaires don’t make the cut; a million dollars is not what it used to be, anyway.
We’re at levels never seen before in the history of the US, levels more appropriate to places like Brazil. The reason for this is that the way to get rich in the modern economy is not to be productive, or inventive; but rather to aggressively ship production to the country with the lowest cost labor (and slave labor is fine), or alternatively to run some big money scam in the markets, or to be some influential politician’s best buddy and crony. So while the average Joe’s income went down due to unemployment pressures, the C-level economic asset strippers boosted their take by creating more unemployment (and one of the worst of all of them, Jeff Immelt, got appointed as a chief pResidential economic advisor).
What we’re seeing wrt income inequality is the result of the deliberate strip-mining of the economy as a whole. This is why China is now the world’s #1 manufacturer - US factories got stripped down to the last nuts bolts and shipped wholesale to Asia.
Bottom line: free trade ain’t so free when the other side is a big time mercantilist.
- "...we can't drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times and then just expect that other countries are going to say OK..." - Barack Hussein Obama Junior - $1,000,000 plus Canadian-built RV-bus - $100 per serving wagya beef in the White House - "...He likes it warm - the Oval Office is hot enough to grow orchids!" - David Axelrod |
Alvin Lee was a prophet
Tax the rich/Feed the poor/Till there are no/Rich no more
Looks like that trickle up poverty is starting to work.
I see by your handle
That you are curious
I see by your posting
That you are perplexed.
This is not rocket surgery! All ya gotta do is remember
the mantra of The Liberal Intelligensia Elite (commonly
Known as the L.I.E.):
We Liberals (sigh) are driven to help people.
We Liberals believe that rich people do not need help.
We Liberals (sigh) believe that that poor people do need help (sigh).
So the sooner we Liberals can make the righ people poor,
THE SOONER WE CAN HELP THEM! (Loud cheers!)