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Yea--I've noticed a pattern too, but it seems like I'm wrong so many times--especially with the stock market. The first crash was easy to spot, but this one se

Yea--I've noticed a pattern too, but it seems like I'm wrong so many times--especially with the stock market. The first crash was easy to spot, but this one seems different. I know so many people still living off the bubble money they made in 2000. I see a lot of people struggling. I've seen wages go down, but the average american tries to keep up appearances. I sometimes wonder if Obama secretly knows how bad the economy is going to be in a few years? I think he knows the minimum wage will be very important to so many people in the future? I've noticed that divide between the rich and poor is really getting bigger.

brianmcconnell 13y ago
The basic problem isn't so much having a standard distribution of rich and poor (a large bump in the middle with tails on either side), what's happening now is we are trending towards having a big pile of poor people, relatively speaking who are wage slaves and can't afford basics like rent and health care, and another much smaller pile of rich people who could give fuck all about everyone else. Our system works pretty well when the rich are slightly have mores (slightly better house, car, etc) but when they just cleave off of the rest of society, there isn't a good outcome to be had there.