But you have millionaires who play kids games on tv and billionaire celebrities made famous by their looks or money, that go on to play government in real life in all your major political offices. Multi millionaire actors and starving paramedics. What an advanced society.
Yeah, but something something half a world away…
Richest country in the world doesn’t take care of its citizens. Funny how that works
Or it’s not actually the richest.
Last I heard, China is.
So you’re right. We are number 11 now
*Country with the richest persons living in it
Technically GDP is just a measure of cash flow. So how much the government, private business and individuals spend all dumped together with all spending on imports subtracted. High GDP means lots of money changing hands but doesn’t necessarily care who’s hands, just that money is flowing.
From the point of view of most people total country GDP is meaningless (only certain businesses get a “cut” of the total country GDP and hence it matters to them), and per-capita GDP is what matters and even then how much it matters depends on the level of inequality in a country since when a few get most of the wealth that per-capita value (which is the median) is quite different from what actually most people get (the mode).
2 economist walking in the woods.
Economist 1 says to economists 2: I’ll give you $100 if you let me kick you in the balls.
Economist 2 says “sure”
Then economist 1 kicks economists 2 in the balls and gives him $100.
They continue walking and see a big pile of shit.
Economist 2 says to economist 1: I’ll give you $100 if you eat that pile of shit.
Economist 1 says “sure”, eats the pile of shit and economists 2 gives economists 1 his $100 back.
They continue walking, eventually economist 2 asks “What was the point of what we just did?”
Economist 1 responds “We just increased GDP by $200.”
How much did the analyst get paid?
I have been saying this for a while. It seems like a really bad idea to push the most armed populous on the planet to the breaking point. One day the shooting is going start and it isn’t going to stop.
Currently it looks more like: a fascist government supported by the disenfranchised so they can look down on someone else. Doesn’t really matter who.
Theyve been getting away wiith it for so long i’m sure they don’t think anything will ever happen
60% is a majority, right? The article was working really hard to downplay it. “The bottom 60%” that’s more than half the country… social unrest will be the least of their worries
Stock market gambling games and communism for the billionaires.
Social darwinist, survival of the fittest, ruthless exploitative capitalism for the poors.
Of course, a true kingdom requires impoverished surfs. Welcome to techno-feudalism.
Serfs
“Sound like the perfect time to cut Medicaid” -Republican Congress
As far as I can tell they’re trying to push for violence so they can initiate martial law and stop elections.
Sounds like a conspiracy theory, but these fucks are literally focused on doing only what hurts average Americans. It’s concentrated.
What they don’t seem to grasp is that we’re the most armed populous on the planet, so martial law may not do what they think it’s going to do.
Either way, arm up.
“The middle class has been declining — we just haven’t recognized it fully,” LISEP Chairman Gene Ludwig told CBS MoneyWatch. "It’s really dangerous because it’s the kind of thing that leads to social unrest, and it’s not fair. The American dream is not that it’s given to you — it’s that if you work hard, you have a chance to get ahead and achieve the things in life that you want to achieve. It’s not living in a tent, not having to steal."
The wealthy always forget this, because they’re convinced they’re a special unique snowflake and smarter than everyone else, instead of understanding they were just lucky.
It’s not because of the wealthy that someone else is poor - it’s the system and regulations that allow people to accumulate that level of wealth. Once you reach a certain point, making more money becomes easier and easier. Going from 1 million to 100 million is often much easier than going from zero to 1 million. If the game is rigged, it’s not the fault of the player for playing it well.
It’s not because of the wealthy that someone else is poor - it’s the system and regulations that allow people to accumulate that level of wealth
This is like saying John Wilkes Booth didn’t kill Lincoln, a gun did…
It’s like saying NFL linebackers don’t cause concussions, rather its the rules and protective gear of professional football which cause concussions
Both ways of seeing it are true - the linebacker is the one actually performing the tackle, but he would not be permitted to cause that damage were he not enabled by the inherently dangerous rules and equipment
Same thing here. Clearly the billionaires are the ones directly causing the harm. But they are only able to do so (and only able to become billionaires in the first place) because of the existing system
It’s not like that.
NFL players don’t design and control the rules around equipment.
Billionaires 100% designed the current system that benefits themselves over everyone else.
The currently alive billionaires largely didn’t design it; previously alive billionaires designed it and the currently alive ones have refined it.
Which is the way capitalism is supposed to work; it’s a society ruled by and for capitalists - aka the billionaires who own the largest units of capital
Regardless, it is this system that is to blame. The actors within the system are also contributors, obviously. But individualizing systemic issues is not an effective way at seeing the solution.
The way to solve the problem of a bad king is not to replace him with a good king; it is to abolish monarchy altogether and replace it with a system wherein the people are the ruling class
Not at all.
Also nothing new, they did a big news report in Reno like 20 years ago and cost of living was about double what the average income was for the city. You had a two income family or roommates, or live at home.
That’s because we haven’t cut taxes for the rich quiiiite enough yet
Those trickle down economics, I’m still waiting on them since the fucker beat Decocus.
Trump is certainly trickling a golden shower upon humanity. The guy is an ass, and will tell us to thank him for the opportunity to eat the few rancid seeds found in his shit.
Credit is doing a lot of heavy lifting. If credit seizes up, then it all falls apart. That’s why interest rates have been held low for so long.
Y’all got options you just won’t do it.
They don’t want to hear it and will fight you about it. Their fascist dictator however…all good.
Check with the IRS! Someone call Bill Nye to confirm. How can this be true?! 😂😂
