3 ms·
> sell I'm offering advice. You're free to ignore it. > That's not really happening even in countries much poorer than the US. Events like Occupy were import
by pdkl95 10y ago
> sell
I'm offering advice. You're free to ignore it.
> That's not really happening even in countries much poorer than the US.
Events like Occupy were important warning signs. As the video I linked to discusses, the rise of populism (Trump, etc.) and the rejection of traditional institutions (e.g. brexit) are further examples of people rejecting the status quo.
Do you actually have any direct experience in living at or below the poverty line in the US? Recent experience is important, as the situation has been changing. Or are you observations made from a position of privilege? If the latter, you might want better data.
The bigger problem, though, is that you seem to be looking for signs of the open revolt I was describing. By the time that happens, we are well past the time these problems might be fixed with social programs. I'm suggesting that our current ship of state is heading towards an economic minefield; "I haven't seen any explosions" is not a particularly useful observation.
- politicsight 10y ago> I'm offering advice. You're free to ignore it. You're presenting a political view. That's not just "advice". > Do you actually have any direct experience in living at or below the poverty line in the US? Recent experience is important, as the situation has been changing. Or are you observations made from a position of privilege? If the latter, you might want better data. I grew up in a post-communist Eastern European country, and have a lot of experience with that (my parents were on the poor side). I'm currently a middle-class programmer, so I wouldn't say I'm privileged (although you might disagree). I believe I have plenty of data and experience with poverty. I'm also very skeptical of redistribution, after seeing what communism actually did to my own country.
- cmdrfred 10y agoThere is a concept called velocity of capital. The IMF believes that the current wealth distribution lowers that velocity, and thus weakens the economy [0]. How you distribute that money can be a matter of debate but the fact that it would be beneficial for most people to do so is not. [0]http://www.economist.com/blogs/economist-explains/2015/06/economist-explains-11 http://www.economist.com/blogs/economist-explains/2015/06/ec...