Quote:
Originally posted by pan6467
I have to also say, I can tell you think a lot about the future and others. That's where the Conservatives lose it. True there is no problem with making as much as you can BUT..... as a society and as a civilized country that promotes "free enterprise and capitalism" so grandly, one must realize that they are responsible to put money into the system and give others the chance they got in order for that system to work. Which means liveable wages and decent jobs. Because if you do not do this what ends up happening is a division of rich and poor and the middles shrinks to nothing. Then you have rebellion, civil war and eventually a change in government. Because when the government and the wealthy own 95% of the wealth it is not in balance and change will come. This is fact, this has been proven throughout history. France 1795, Russia 1917, the 13 colonies 1776, North vs. South USA 1861, the fall of the Roman Empire, the USSR, Cuba, 1960's Vietnam, 1950's Korea, Gandhi's India, 1900's China, 1930's Spain and so on and so on.
there are more millionaires today than 20 years ago, but there is also a bigger divide between classes, families are debt ridden, and there are more living at the poverty level also. Plus there are fewer mom and pop places. Corporations rule the land.
|
Sorry but people are far better off today. Health care, transportation systems, number of jobs, home ownership, retirement savings, etc, etc, etc are all up compared with the past.
You and Kadath seem to think there's a problem with "millionaires" and that they don't "give back". This is completely off base. These "millionaires" don't just have their money locked away in their closets. The money they keep in banks, the stock market, bonds, invest in starting their own companies, etc helps the economy to move forward.
While debt levels are relatively high and Americans should pay them down, their net worth far exceeds their debt. Americans are more likely to have 401k plans, own their own home, have second or third cars, and have countless other assets that the "typical" person didn't have 10 or 20 years ago.