What you guys are forgetting in your "your value is only what someone is willing to pay bullshit"is this...
The economy needs consumers. If you are paying your potential consumers a mere pittance...hell...even just enough to barely survive in this God awfully expensive country, there is no money available to buy the goods and services that business people make their livings upon. Over the past thirty years we have seen a huge decline in spending power in our working and middle class....which is the backbone of our economy. At the same time, we have seen the incomes of the wealthy climb by some 600%, and our economy slowly swirl down the toilet. The banking sector tried to make up for this by using easy credit and predatory lending practices(credit cards, mortgage refinances, etc.) Anne that slowed the decline down somewhat, but it was a bandaid on a shark bite....andthe banks profited hugely on other people's misery. Along comes 2008, and the whole dammed thing collapsed. When the issue all along was a lack of spending power by the vast majority of people who work for others.
You're absolutely right except for every fact you site, every cause-effect relationship you imagine and whatever conclusion it was you were trying to support.
If you are worth more than someone else is willing to pay, then you start your own business.
The downward spiral of the economy that you cite was rising for several consecutive quarters until the very early 90's and then enjoyed one of the biggest booms in the history of the republic until the dot.com bubble burst.
The unemployment rate was in the 4's and 5's through almost the entire Bush administration and it would have come down again by now except for the very nearly treasonous mismanagement of the Obama Administration.
There have always been wealthy people. The fact that there are more of them now than ever before is not a cause to panic. It's a cause to join them.
You're a defeated and empty Leftist with no hope, no ambition and no future.
Oh, wait. That's redundant.
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