It's long past time for you to wake the hell up.
LONG past.
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The compact is that everyone is taxed less but the money not taxed is either saved in the USA or spent in the USA. What has happened with globalization is the rich took the money they saved from lower taxes and moved the savings over seas or invested overseas.
The Wall Streeters broke the compact - this loyalty to the rich in hopes they golden shower us from above (pun intended) is over. Thank you, Mr. Trump for not being afraid to point the reality of it.
Excellent points.
I would also add that the modern day rich are not industrialists and people who produce wealth, but instead those who either inherited it or stole it through financial fraud or political corruption.
The very kind of people who created an environment where honest wealth is hard to come by and fiscal prudence is destroyed.
Here’s a sample of the kind of people who get rich these days: the Clintons, Jon Corzine, George Soros, Warren Buffett, Lloyd Blankfein, Jamie Dimon, Mark Zuckerberg, Mitt Romney, Angelo Mozillo, Hank Paulson.
For every Peter Thiel who gets wealthy from actually producing something useful, there are a hundred of these other scoundrels who got it the wrong way.
If today’s rich were actually producing things other than financial bubbles, this country would look completely different.