This Unbelievable Video just made the front page of AOL.com
- Thread starter ROFL_GUY
- Start date
Someone being rich doesn't prevent you from getting rich too. People are quick to cry about the wealth gap but can't explain how the rich are taking from the poor/middle class.
and yet thats the only way things will change
Snitchin Splatter
Working With The Feds
wow, that really is powerful....but what can we do?
KillSpray
Don't be mad
what are really the fairest ways to redistribute wealth tho? I think of all steep taxation, a steep taxation on a large estate at death is probably the most fair, but I can't co-sign straight up socialism or communism. That would be just as bad, or in fact even worse. 
What are you going to say, a couple of CEOs making a million dollars a year are why millions of Americans make no dough?
I have broken down why middle class pay has stagnated and why middle class wealth has disappeared many times over. Most of the big mechanisms driving these things are not due to greed, but the ones rooted in greed are the easiest for people to understand and get angry about.
People always bring up McDonalds. McDonalds CEO's pay was ~$9 million in 2012. They have about 500,000 workers in the US. Quick math, whats 9 million split up among 500,000 people? And its similar w/most big recognizable companies. Profits there is a bigger case... if Walmart gave its profits back to all its employees they would all get a check for $7,500. For a sales associate that would bring yearly pay up from $15K to $22K. Thats still under the poverty line for a family of 4
To me it would make more sense to remove the mechanisms that keep someone making $15K/year from being able to support themselves in most places in the country. This means universal emergency healthcare. This means a housing market that isn't propped up and inflated by govt intervention. This means higher education that isn't propped up and inflated by govt subsidies to banks and academically wack schools. Etc. Yes you cant get rich if you don't get paid. But you also cant get rich if you have to spend every last dime on surviving. All the focus on pay instead of costs is reflective of middle America's financial illiteracy
Well Imma tell you.... Like my economics of socialism professor told me... You better find what makes you great, monetize it, and start getting a bite of that 7% of the wealth that is left... Because it is only going to get worse.. Your best bet is finding something that the people with 40% of the wealth like spending money on...
FluffyCorleone
Banned
Well Imma tell you.... Like my economics of socialism professor told me... You better find what makes you great, monetize it, and start getting a bite of that 7% of the wealth that is left... Because it is only going to get worse.. Your best bet is finding something that the people with 40% of the wealth like spending money on...
That's the beauty of capitalism. Some people don't get that and love to get angry at rich people.
Most people are not going to be rich anyway. That whole "American dream" was a farce even in the "good old days". What people should be focused on is having enough money to save for retirement and having access to good healthcare. If the thought of someone having more than you makes you angry you are gonna be angry all your life. Focus on what matters
