SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: goldworldnet who wrote (330710)12/18/2002 7:14:05 PM
From: DuckTapeSunroof  Read Replies (2) of 769670
 
Re: "I think something you have failed to consider is that despite dips and jumps the US progressively gets wealthier over time."

>>> No. I considered it, and mentioned it in several posts on this subject.

Re: "People are not getting poorer."

>>> Didn't say they were. The argument is that the *GAP* between the wealthiest and the rest of the population is widening. (In other words: 'the richest are getting richer much faster than everyone else).

>>> And that increasing amounts of the nation's wealth are being concentrated into fewer and fewer hands by this trend (the WSJ: 1% of the people own 40% of the wealth... and increasing.)

>>> I propose that, at some point (when 1% owns 90%? Who knows exactly where) that will result in a Plutocracy, and a very different country then we have been familiar with.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News