Quote:
Originally Posted by itshotinvegas
Now do just NBA salaries. I know, I know, I making no sense, but it's easy to make someone look poor when you operate in a vacuum, as these particular stats do. Also, you all love the 60's but really don't ever explain that was going on during that economic cycle. Maybe we should go back to 1890 when the economy was at its strongest, and adopt those government policies. It's always amazing people don't pick up on the fact 1968 was picked becasue it makes the stat look worse.
A lot of the number i gave, some start in 1968, others start in 1989....
So i do not really understand your point.
take any date you want, the wealth gap in the US is growing more and more for a very long time and today as reach near 1930 levels...
https://www.marketwatch.com/story/it...lth-2019-02-11
"AmericaÂ’s 1% hasnÂ’t had this much wealth since just before the Great Depression "
"n 1929 — before Wall Street’s crash unleashed the Great Depression — the top 0.1% richest adults’ share of total household wealth was close to 25%, according to Zucman’s paper, which was distributed by the National Bureau of Economic Research.
Those rates plunged in the early 1930s and continued dropping to below 10% in the late 1970s, findings show. Rates have been on the rebound since the early 1980s, and are currently close to 20%."
https://www.cbsnews.com/news/income-...t-today-shows/
"Income inequality in America is at its highest level in more than 50 years"
I just do not think the 1930 were a great time period , u can disagree and call it great.
I just do not understand how people praise so much the US economy when it clearly show, from any angle you want to see, the economy is not working for half the population, shrug.
I personally cant call a system a success when it benefit solely a minority.