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Originally posted by onetime2
Funny I don't seem to recall saying that they were equal partners or that they owned significant levels of stock. Obviously the wealthy will own more stock than the not so wealthy. Just because they don't own a majority of the stock it does not mean they don't benefit from owning stocks or homes, or anything else.
There is no reason for the bottom 40% to suddenly be granted equal levels of wealth. Anyone who looks at it this way will never see any evidence of improvement. Pointing to the fact that there are wealthy people who own lots of stocks has nothing to do with the argument you put forth about real wages declining over the last 30 years.
You want evidence of improvement? How about the fact that the vast majority of people have jobs? The rapid influx of workers over the period you pointed to earlier has been absorbed by the economy and that results in lower wages for all. That very fact is missed in the real wage analysis.
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No one suggested that the bottom 40% should be granted equal levels of wealth...I was using the growing income disparity as an example of how trickle down has failed it's promises to lift all boats. You can accuse me of this if it makes youi feel better, though.
There have not been "lower wages for all." In fact, many people have been making money hand over fist.