Posted on 10/30/2025 12:22:14 PM PDT by RomanSoldier19
On the surface, the going looks pretty good in the American economy. Wall Street is roaring, Silicon Valley is booming with potential, unemployment is fairly steady, and GDP is on the rise. A healthy picture, right?
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He explained: “If you’re looking at, let’s say, the AI world, and really what amounts to about 3 million people—1% of the population—leading, and then … the 5% or 10% around them, you have one world that the whole world is dependent on.
(Excerpt) Read more at msn.com ...
Everyone needs to understand the term “Cantillon Effects”
It describes 2025 USA economic situation, as well as our political situation, to a “T.”
That’s Price’s Law.
Price’s Law
The theory that states the square root of the number of people in an organization do 50% of the work is known as Price’s Law. This law suggests that as the number of people involved in a project increases, the percentage of work done by the most productive individuals also increases, highlighting the importance of identifying and nurturing top performers in organizations.
If you have a group of 10, approximately 3 do half the work., and the other 7 do the other half.
With 100, it’s 10, with 90 doing the other half.
With 10,000, it’s 100, with 900 doing the other half.
It’s a bit sobering...
Wait aren’t we a nation of consumers?
Who does this guy think is the bottom 60? Restaurant workers? Garbage men? Landscapers? Assembly line workers? Tire shop peeps? As if any of these are unproductive? Try getting along without them. Your 1% is going to be useless to you, dude. What a flippin stooge
That’s old news but correct.
“Who does this guy think is the bottom 60? Restaurant workers? Garbage men? Landscapers? Assembly line workers? Tire shop peeps? As if any of these are unproductive? Try getting along without them. Your 1% is going to be useless to you, dude. What a flippin stooge.”
I absolutely agree. It is a psyop from the Title on... The Title should read:
Ray Dalio says America is developing a ‘dependency’ on the top 1% of workers, while the bottom 60% are struggling “OR” unproductive.
“Struggling” or “unproductive” are absolutely NOT the same class at all... Total 180 degree opposites.
Note that the scale of dollars on the right (billions) does not match the scale on the left (millions). Such an elementary error makes me question the reliability of the data in the graphs.
I absolutely agree. [...] The Title should read: Ray Dalio says America is developing a ‘dependency’ on the top 1% of workers, while the bottom 60% are struggling “OR” unproductive.
"Struggling" with WHAT? Or to do WHAT? (Let's, for the moment, ignore the "unproductives.")
If, indeed, America is just as "dependent" upon the "bottom 60%" as it is upon the "top 1%," why aren't the "bottomers" sitting pretty? If the bottomers are just as indispensable, wouldn't they wield just as much power? Couldn't they be using their indispensability as a bargaining chip, to get what they want?
Please explain.
(The first possible solution that comes to mind is: Because, being naturally a larger and thus more-diverse group, the bottomers can't organize as well. They might not even recognize themselves as a cohesive group with common interests.)
Regards,
Review
Who is John Galt?
Your answer works to some degree. Vietnamese nail salon workers have little or nothing in common with guys working at pipe manufacturing plant who have nothing in common with the receptionists at a doctors office who have nothing in common with landfill employees.
Nonetheless, each type of these bottom 60% type occupations is critical in their own way. At least as important as the pricks in tasseled loafers who sell insurance and the ambulance chasing leeches that call themselves lawyers.
And for that matter, if most politicians could be replaced by a random selection from a prison, the country might improve.
It's not an error. It's called a "duel axis chart." Look at it more closely.
Its a direct comparison between the two sets of vertical values, while also including the context of the horizontal-axis variable (in this case, time).
The notations at the top indicate which axis the figure is measured on.
What the chart shows, very simply, is a correlation between money supply growth, and wealth growth in America's richest individuals.
A big part of the 60% are sitting on their asses, obese and feeding off the trough, and surfing the net.
Their only struggle is getting up from the sofa.
That’s what Amazon is addressing with their 30k layoffs. It’s not so much about AI. They are using AI as an excuse to trim the fat.
He said top 1% of workers, not top 1 % of earners. They are not the same. The most efficient and productive workers are usually not the highest earners and the highest earners are usually not the most productive workers. In fact the 'idle rich' are a large proportion of the top 1% of earners.
One works really hard and is productive.
One is morbidly obese and has the health issues to go along with it. She is rarely on time and tends to make lengthy phone calls - mostly medically related - on the clock.
One is older. She is okay when she is here, but three years in and she still needs to be reminded of basic procedures. Her husband is a heavy smoker and has lung issues that require her to take him to the doctor, a lot.
One is a college student. Spends way too much time on his phone. He is conscientious, but SLOW. I can print 50-ish shirts an hour, he can maybe do have that.
So why do we keep them? These are the GOOD ones. I could go on about the employee that poached my customers while on the clock. Or the one who had a three day crying jag because her 16 year old girlfriend (she was 22) was being sent to juvie. Or the one that showed up stoned every day. Or the one that could not for the life of her print a shirt straight.
perhaps the real problem is that we place so little value on some jobs and overvalue others..many of these silicon saints are fancy paper pushers..
I think there are a ton of these perfumed princes who don't know what real work is..
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