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@TheRealNihilist
No, I'm not ignoring you. I just haven't been at a computer.
Here's a link.This article explains data from the Census Bureau. From 1967 to 2018, the real, inflation-adjusted income of the bottom 20% has increased by 28.8%.
No, I'm not ignoring you. I just haven't been at a computer.
Yes, but so long as the poor are getting richer too, it really doesn't matter. Jeff Bezos getting richer doesn't make anyone else poorer. Wealth is not a zero-sum game.Do you accept that the increase has been much higher for the rich so much so the divide is much higher than earlier years?
How about the logic thread you created where you didn't reply back?
Yes, but so long as the poor are getting richer too, it really doesn't matter.
So you are okay with lets say a recession and the rich are billionaires and there is no millionaires just people with a dollar to their name. Lets say every year they make another dollar. Would you be okay with that?I don't care how much richer the rich are than everyone else, just so long as everyone else is getting richer too.
No, I wouldn't be okay with that, but that's because the poor would get poorer in that situation in absolute terms
I would also have a problem with how slowly the poor would be getting richer
To illustrate my point, would you be okay with an economy where everyone's income was equal at $1 a week?
Please clarify. My example was 100% close to reality excluding the numbers of course.
Before 21st CenturyRich people 8Poor people 2CurrentlyRich people 32Poor people 10
So you are okay with lets say a recession and the rich are billionaires and there is no millionaires just people with a dollar to their name. Lets say every year they make another dollar. Would you be okay with that?
With the link provided that is true. Look at the graph.As you can see:The bottom quintile barely moved.4th quintile are moving more than the bottom but not by much.Middle quintile more then 4th.2nd quintile most so far.Top Quintile much more than 2nd.Top 5% on par give or take with 2nd.
No and I wouldn't be okay with barely any progression between the bottom, 4th and middle.
1Which example are you referring to?
Economics is complicated.
That is an improvement, and it's improving from an already excellent position (on a worldwide scale).
but what's wrong with it? How does the 1% getting richer hurt me?
Are you actually comparing this to 3rd world countries? This is not a fair comparison.
Of course the number would be high but would it as high compared to European countries?
Too much will lead to a revolution.
Maybe they will come together.
Depends on how you look at. To some degree it's unfair, but it also illustrates just how well America is doing.
That's a political problem, not an economic problem. Also, nearly every country has income inequality, but most don't have revolutions. I think it would take a lot more than that to incite a revolution.
I know I shouldn't find this funny, but the idea of Alex Jones teaming up with Ocasio-Cortez to overthrow the 1% is a ridiculous image.
If you don't it is unfair please see this. All of them are actually making the bare increase that much greater because you are not comparing the US last year household income but you are comparing this year US to other countries. This is what I consider a bad way of finding out if the US is improving by comparing barely even comparable countries to the US.
I don't know why you posted the dailycaller because I find them to be spreading misinformation.
Don't you want to do better than that?
Politics and economics do mix together. Whenever a revolution does occur it will impact the economy. Yes it would take a lot to incite the economy and enough income inequality can do just that.
Funny but can happen.
TRN tends to think in absolute terms.However, that is not an absolute statement (which I think is the point of confusion).
Just because he's using insults doesn't mean anyone else should.
Changing people's minds.
"Poor voting slave" is an insult.
Why would people join the conservative movement if we don't change their minds?
I sort of see your point, given that there are far more developing countries than developed countries, which would skew the numbers.
They're just citing statistics.
Reread the Forbes article and pay attention to the European countries it mentions.
I think that revolutions based on income inequality are sparked in large part because the income inequality is due to an oppressive government
The far right has the guns to try it but isn't so concerned with income inequality.
The far left is opposed to guns and doesn't really have any, so I don't know how they would revolt.
To say they are citing statistics wouldn't be correct. If they did the only link they need is to the OECD.
He didn't cite a single source because it was an opinion so he didn't need to do it.
It would be also the ability to revolutionize. That is key given Kim is a dictator yet no one can oppose him. I think oppression can be occurring but income inequality I think would be the main reason for a revolt. What if there was a dictatorship that allowed you to keep guns and income not that unequal while also having their basic needs met. I don't think people are going to revolt because it is a dictatorship.
I am guessing the "white replacement".
This is going to take a long time to happen but given the more people like Nick Fuentes are popular the more likely it could turn revolutionary.
Even if someone is opposed to something, doesn't mean they won't use it to get their intent goal then ditch what they oppose or use it to make themselves secure.
you can always look up the OECD report yourself.
Actually, he did in the first sentence of the third paragraph.
I just don't see how income inequality could cause a revolt in the US without some other extenuating circumstance.
it's hard to motivate people to get off their couches and away from their televisions to revolt over Jeff Bezos being too rich when they actually have couches and televisions in the first place.
Possible, but I think that's more of a highly vocal minority than a serious threat - so far. That could change.
However, there has been plenty of pushback on the right against people like him.
Here's one example of a prominent conservative organization firing a member for backing Fuentes
Whoops. Next time I cite an article citing another source, I'll check the original source to make sure it's available.I have to pay to read the entire thing
If your feelings out of touch with society people like Trump, Bernie can revolutionize you into doing something about it.
Don't think that is true. Eventually with enough time people sitting watching TV will eventually find something to motivate them.
Minority from a majority white country is still a lot of people.
Steve king comes to mind. Link: " but after a January 2019 interview in which he questioned the negative connotations of the terms "white nationalist" and "white supremacy",[13] he was widely condemned by both parties, the media and public figures, and the Republican Steering Committee removed him from all House committee assignments.[14]"
I am sure there was other people backing Fuentes who weren't rejected on the right given I think they used free speech as a defense. Mainly right wing media.
I doubt Bernie would lead a revolution, but I see your point.
It's just highly unlikely.
Such as?