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black4white · 56-60, M
@MarmeeMarch so where does democrats and republicans come into play here….it appears to be an overall statement regardless of political party.
Just asking for clarification
Just asking for clarification
ElwoodBlues · M
@MarmeeMarch DUUUDE!!!
The lower income brackets have NOT grown by 450X. If interest were the driving factor, the percentages would stay proportional. That's NOT what happened!!
See how, in constant dollars, the lower quintiles got a MUCH LOWER percentage growth?? The "rising tide" is mostly lifting the richest boats!!
https://www.advisorperspectives.com/dshort/updates/2025/01/09/u-s-household-incomes-a-50-year-perspective
The lower income brackets have NOT grown by 450X. If interest were the driving factor, the percentages would stay proportional. That's NOT what happened!!
See how, in constant dollars, the lower quintiles got a MUCH LOWER percentage growth?? The "rising tide" is mostly lifting the richest boats!!
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trollslayer · 46-50, M
whowasthatmaskedman · 70-79, M
It never has. It is based on the clearly false premise that rich people spend the same % of the income in exactly the same way poor and working class people do..😷
trollslayer · 46-50, M
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This message was deleted by its author.
Roundandroundwego · 61-69
@MarmeeMarch obviously it's through housing, welfare, public transportation and education, - planning for people. No Americans want to vote for that! You need higher death rates. It's appropriate for some people to have shorter lives and less leisure. Certainly those who proudly killed socialism destroyed their other options and win death.
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Ferise1 · 46-50, M
We all have phones and access to all the internet!!!! That’s trickle down!