How Did The Rich Get Richer?

Closing Thought–20Mar19

If you are social media or watch any main stream media then you have heard all about how the rich got richer…..especially after Trump’s tax cuts…..

May I see a show of hands…..do you know just how did the rich get richer?

Okay would you like to know? Of course you would…it may be one of those issues that helps you who to vote for in 2020….

I could bore the crap out of you with all this monetary policy claptrap or I could turn you on to the cartoons below that make this all so much simpler…….

Something massive and important has happened in the United States over the past 50 years: Economic wealth has become increasingly concentrated among a small group of ultra-wealthy Americans.

You can read lengthy books on this subject, like economist Thomas Piketty’s recent best-seller, Capital in the Twenty-First Century (the book runs 696 pages and weighs in at 2.5 pounds). You can see references to this in the campaigns of major political candidates this cycle, who talk repeatedly about how something has gone very wrong in America.

Donald Trump’s motto is to make America great again, while Bernie Sanders’s campaign focused on reducing income inequality. And there’s a reason this message is resonating with voters:

It’s grounded in 50 years of reality.

https://getpocket.com/explore/item/this-cartoon-explains-how-the-rich-got-rich-and-the-poor-got-poor

Don’t just bitch about stuff……

Learn Stuff!

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4 thoughts on “How Did The Rich Get Richer?

  1. I read Piketty’s book on kindle. Did not realize how long it was, but it did take a while to get through it.

    The cartoon’s sum it up nicely and can be read through a lot quicker.

    We are in a mess and I don’t know how all this will work out. But it looks like some tougher times are ahead to me.

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