Mini 14
Senior Member
- Jun 6, 2010
- 3,947
- 583
- 48
It is the fault of Reagan, both Bushes, Clinton and Obama that the richest 1% of US taxpayers have virtually doubled their share of total US income and wealth over the past thirty years.One thing that hasn't changed
ALL governments exist to socialize cost and privatize profit.
One thing that has changed
In 1982 the richest 1% of Americans got around 9% of total US income. Today they receive over 20%.
What theory of "politics" explains the connection?
See....all that would be good if economies, political climates, and technology (among countless other factors) were static.....if things back then were EXACTLY THE SAME as things are now. Unfortunately, the world changes, no matter how much we wish it didn't.
If you invest $500 in a risky stock, and the company succeeds, should you receive a greater profit than the person who only invested $5?
All of this stuff is tied together....you can't pull out one little piece, ignore the rest, and decide that you have derived the answer. Well......you can.....
but you'd be wrong again.
It isn't Bush's fault, nor Reagan's, nor Lincoln's. Just because they're all Republicans doesn't mean they're all evil.
That makes them evil and greedy regardless of how much society has changed over that time period.
Ignore the tech boom.
That will make your fable sound a lot better.