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> It's not the top percentile who have the ability. We have to all do it for each other. Sure. And part of that is making sure that wealth is being distributed
by aaomidi 5y ago
> It's not the top percentile who have the ability. We have to all do it for each other.
Sure. And part of that is making sure that wealth is being distributed with the health of society in mind, rather than individual happiness at the top :)
- robertlagrant 5y ago> And part of that is making sure that wealth is being distributed with the health of society in mind, rather than individual happiness at the top :) Making sure it will happen will kill it. You have to have the right mechanisms in place to encourage it, and it may happen.
- vorpalhex 5y agoFixed pie fallacy. We have a shrinking middle class because the middle class has become the upper class, not because the rich are richer. The top being higher doesn't lower the base. There is more money today than a decade ago. Merely taking money from the wealthy does nothing to improve the standard of living.
- aaomidi 5y agoHave literally any proof of what you're saying? > There is more money today than a decade ago. Where is it then?
- vorpalhex 5y agohttps://tradingeconomics.com/united-states/money-supply-m2 https://tradingeconomics.com/united-states/money-supply-m2 https://fee.org/articles/why-our-shrinking-middle-class-is-a-good-thing/ https://fee.org/articles/why-our-shrinking-middle-class-is-a... The answer to where the money has gone is sort of everywhere. Everything from social security payments to military budgets has increased. Everyone makes more and things cost more too.