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We've moved all the money into the capital economy and all the taxes into the labor economy and the well is running dry. There's nothing to be done!
by smallmancontrov 4mo ago
We've moved all the money into the capital economy and all the taxes into the labor economy and the well is running dry. There's nothing to be done!
- NuclearPM 4mo agoMore tax cuts to the rich.
- smallmancontrov 4mo agoOh my god I can just FEEL the growth! It's going to trickle down any second now! Any second!
- graphime 4mo ago[dead]
- smallmancontrov 4mo agoCapital pays you for being rich in proportion to how rich you are. Elon can't hide behind my 401k, he doesn't fit. Also: most Americans and most people are far poorer than you and I and get paid even less for being rich than you and I.
- aceki 4mo agowow, pennies on the dollar and yet there’s a trillionaire
- littlexsparkee 4mo agoThat's helpful if you're privileged enough to amass enough to invest before labor's share of output collapses.
- bluefirebrand 4mo agoCan you estimate what percentage of the population has a meaningful amount of money in funds like this?
- YZF 4mo agoHow about this trend? https://ourworldindata.org/grapher/world-population-in-extreme-poverty-absolute https://ourworldindata.org/grapher/world-population-in-extre... There is growth, it might not be where you are, or it might be superimposed with other effects for you.
- smallmancontrov 4mo agoSelfishness is a sin for me but a virtue for billionaires lobbying away the last shreds of tax they are embarrassed to pay? I see how it is.
- amavect 4mo agoThat graph ends in 2015. The 2025 graph flattens. Looks like we can explain this trend by the economic development of East Asia. https://en.wikipedia.org/wiki/File:Total_population_living_in_extreme_poverty,_by_world_region_(PovcalNet,_World_Bank),_OWID.svg https://en.wikipedia.org/wiki/File:Total_population_living_i... https://en.wikipedia.org/wiki/Extreme_poverty https://en.wikipedia.org/wiki/Extreme_poverty
- outside1234 4mo agoHave you not looked at Elon's bank account? WINNING* * via government subsidies