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--"The most objective explanation of our problem is that the economy is changing faster than humans can adapt." Why did the banks collapse a couple years ago?

--"The most objective explanation of our problem is that the economy is changing faster than humans can adapt." Why did the banks collapse a couple years ago? Wasn't it the regulatory changes that allowed them to bundle sub-prime mortgage derivatives? No, the economy was just changing too fast. Why do billionaires pay a lower percentage of their income in taxes than struggling families? Isn't it recent tax loopholes that favor people with loads of money? No, the economy is just changing too fast. Starts out interesting, then jumps into jargon. The economy is changing too fast? What does that even mean? It's super ambiguous. Can you imagine that in a protest sign? "The economy is changing too fast. Lets do something about it." Plus, his assumption about the math level and college major make up of the OWS crowd is rather obnoxious.

dlikhten 15y ago
I have to agree with him. I don't think top 1% are to blame, definitely somewhere in the top 1%... Maybe top 0.20% are the thiefs, the rest are opportunists. However it is true, many of the OWS are unskilled laborers, we need those less and less, and care less and less about them. We care about them as luxuries, and when the going gets tough, we get rid of these luxuries. We also have a population growth and a parralel technological growth (you may even say technology allowed population growth), and of course more population = more needed jobs, and technology = less needed jobs. Go figure. The failing of the government is forseeing this. The only solution is a complete gutting of the education system. The #1 most desired job in America needs to be a teacher, specifically a math teacher, and that job should be insanely hard to fill.
- gerggerg 15y ago
  It's never been directly about the top 1%. It's about politicians and legislation that don't favor the general public. Years of such legislation have led to a top 1% having a disproportionate amount of wealth and a general public that is getting dumber, sicker, and poorer. I think opposition to legislation that favor the rich is often confused with opposition to the rich directly. This confusion is exactly what undermines our ability to focus on real problems and progress.

dlikhten 15y ago

I have to agree with him. I don't think top 1% are to blame, definitely somewhere in the top 1%... Maybe top 0.20% are the thiefs, the rest are opportunists. However it is true, many of the OWS are unskilled laborers, we need those less and less, and care less and less about them. We care about them as luxuries, and when the going gets tough, we get rid of these luxuries. We also have a population growth and a parralel technological growth (you may even say technology allowed population growth), and of course more population = more needed jobs, and technology = less needed jobs. Go figure. The failing of the government is forseeing this. The only solution is a complete gutting of the education system. The #1 most desired job in America needs to be a teacher, specifically a math teacher, and that job should be insanely hard to fill.

gerggerg 15y ago
It's never been directly about the top 1%. It's about politicians and legislation that don't favor the general public. Years of such legislation have led to a top 1% having a disproportionate amount of wealth and a general public that is getting dumber, sicker, and poorer. I think opposition to legislation that favor the rich is often confused with opposition to the rich directly. This confusion is exactly what undermines our ability to focus on real problems and progress.