ttystikk
Well-Known Member
Taking these in order;
1. High income households have risen, but do have those in poverty- many of whom are working. The number who have fallen into poverty far exceeds those high income households you mention. Personally, I don't call this progress. For confirmation, please see the chart I posted above. If you aren't in the top 10% in this country, you're in deep trouble.
2. America is dramatically under employed. See above about working people still in poverty. If you're making minimum wage in this country, you qualify for both Medicare AND food stamps. That's a straight up subsidy from the government (supported by taxes) to the company deliberately underpaying its workers. I find that despicable. Yet you count as employed! Yay team!
3. Obama saved the bankers from the pitchforks and bailed them out, to the tune of trillions. They then turned around and awarded themselves record bonuses while millions of hardworking homeowners went underwater on their mortgages, lost their jobs and were foreclosed on. No bailouts for them. I don't see this as a ringing endorsement of his tenure.
https://markmanson.net/america
America leads the world in three things; people in prison per capita, defense spending and percentage of the population who believes in angels.
Frankly, your understanding of the economics of our country is just as fanciful. Please get educated on this subject.
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