Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (759962)	12/28/2013 2:37:24 PM
From: bentway	Read Replies (1) \| Respond to of 1574591

"That is just plain stupid. There are always going to be billionaires, no matter what, that the poor person can never get close to. So, he should just quit climbing the ladder?" We used to just have millionaires, Dave. Being a millionaire was considered "rich". What's happening in this country, is that we're becoming like a third world country. Our middle class is disappearing, our poorer class is expanding as middle class people drop into it, and our uber-wealthy class is getting more and more of the national pie. That's not hard to understand. You can see this clearly HERE: So, as this clearly shows, it's NOT "like it's always been". When America and it's middle class was strongest (1950-1980), income was shared more equally, and the top 1% raked in about 15% less of the GDP than they do now. The change started with Reaganomics, and has just gotten worse since.