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Politics : View from the Center and Left
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Alex MG
epicure
To: Steve Lokness who wrote (461676)12/20/2020 2:00:35 PM
From: cosmicforce2 Recommendations  Read Replies (1) of 541840
 
My point was not about how happy you are, or should be, or even healthcare, but the 90% of people that have not been flush, are not flush now, nor are they are likely to be so in the future. The pandemic costs will exceed the economic "benefits" being given out and much of that benefit went to the wrong people. This trend has only worsened in the last year. Even those in the upper 10% are seeing declines on average. I've been fortunate and am working, and further working for a company that supports the pandemic economy. I don't use my happiness as a proxy for how bright the future is for even the 50%. I'm still investing in tech and the broad economy until my indicators say "no".

I'm particularly worried about young people. See below. If you look at the median vs. mean distribution in the young, it is even more pronounced than people my age.

Here's a quote from Wikipedia:
A 2011 study found that US citizens across the political spectrum dramatically underestimate the current level of wealth inequality in the US

So you are likely to believe it is not nearly as bad as it is unless you specifically educate yourself about the topic.

equitablegrowth.org



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