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nom=de=plume[_2_] nom=de=plume[_2_] is offline
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First recorded activity by BoatBanter: Apr 2010
Posts: 3,578
Default the american plutocracy


"Colonel Kurtz" wrote in message
...

On 6-Oct-2010, bpuharic wrote:

americans think, wrongly, that the upper 20% of americans have 60% of
the coutnry's weath. the REAL figure is 85%.

http://www.good.is/post/americans-ar...ign=o utbrain

so what are they going to do?

send to congress the GOP who thinks this 20% should be given a massive
tax cut.

makes sense, huh?


High wage individual will always make high wages. Poor people will always
be poor. What's changing in the US is the movement of middle class to the
category of poor. Production of raw materials through management,
engineering and marketing made a middle class. With the US absorbing
excess
production capacity from Korea, Japan and China, the middle class is no
longer needed. Will they become "rich?" No, they slide the other way into
poverty. Of COURSE there's a bigger gap. The high income people could
adapt
- people existing on inflated and extorted wages cannot.

You ain't seen NUTHIN yet.

I explained the solution 10,000 times, won't be doing it again. OK, may
100
times.


Thus, you skipped out. Got it.