▲ 1340 ▼ Wealth inequality will destroy America. (lemmy.today) submitted 1 month ago by sanitation@lemmy.today to c/workreform@lemmy.world 198 comments fedilink hide all child comments This cartoon from The Seattle Times illustrates how America's economic pizza is actually sliced per capita, highlighting the massive disparity between the Top 1%, the merely wealthy, the upper middle class, and the lower 50%.
[–] karlhungus@lemmy.ca 2 points 1 month ago (5 children) He cut taxes for the wealthy by enormous amounts permalink fedilink source parent hideshow 5 child comments replies: [–] uriel238@lemmy.blahaj.zone 1 point 1 month ago (1 child) I assume by he you mean Reagan and not Krugman. Krugman is a dyed-in-the-wool Keynesian. permalink fedilink source parent hideshow 1 child comment replies: [–] karlhungus@lemmy.ca 1 point 1 month ago Yeah,regan permalink fedilink source parent [–] Polisheocket@lemmy.zip 1 point 1 month ago (2 children) It’s hurt America more then we’ll ever know. Trickle down economics isn’t it when your top 1% is super greedy permalink fedilink source parent hideshow 2 child comments replies: [–] uriel238@lemmy.blahaj.zone 2 points 1 month ago In elementary school history, I learned supply-side (trickle down) economics came from Taft, and they failed spectacularly then. I think the only reason it comes back is because it gets resurrected by the owner class, as a justification to break the 3conomy in their favor. Seriously, the only reason to not have a dictatorship it to make societies more public serving. We really need to start recognizing government capture efforts and capitulation are nothing short ot treason, aiding and giving comfort to enemies of the people and state. Perhaps the survivors will figure it out. permalink fedilink source parent [–] karlhungus@lemmy.ca 1 point 1 month ago Most of the world has been damaged by it. The us is putting no taxes on wealth, many other country followed suit permalink fedilink source parent
[–] uriel238@lemmy.blahaj.zone 1 point 1 month ago (1 child) I assume by he you mean Reagan and not Krugman. Krugman is a dyed-in-the-wool Keynesian. permalink fedilink source parent hideshow 1 child comment replies: [–] karlhungus@lemmy.ca 1 point 1 month ago Yeah,regan permalink fedilink source parent
[–] Polisheocket@lemmy.zip 1 point 1 month ago (2 children) It’s hurt America more then we’ll ever know. Trickle down economics isn’t it when your top 1% is super greedy permalink fedilink source parent hideshow 2 child comments replies: [–] uriel238@lemmy.blahaj.zone 2 points 1 month ago In elementary school history, I learned supply-side (trickle down) economics came from Taft, and they failed spectacularly then. I think the only reason it comes back is because it gets resurrected by the owner class, as a justification to break the 3conomy in their favor. Seriously, the only reason to not have a dictatorship it to make societies more public serving. We really need to start recognizing government capture efforts and capitulation are nothing short ot treason, aiding and giving comfort to enemies of the people and state. Perhaps the survivors will figure it out. permalink fedilink source parent [–] karlhungus@lemmy.ca 1 point 1 month ago Most of the world has been damaged by it. The us is putting no taxes on wealth, many other country followed suit permalink fedilink source parent
[–] uriel238@lemmy.blahaj.zone 2 points 1 month ago In elementary school history, I learned supply-side (trickle down) economics came from Taft, and they failed spectacularly then. I think the only reason it comes back is because it gets resurrected by the owner class, as a justification to break the 3conomy in their favor. Seriously, the only reason to not have a dictatorship it to make societies more public serving. We really need to start recognizing government capture efforts and capitulation are nothing short ot treason, aiding and giving comfort to enemies of the people and state. Perhaps the survivors will figure it out. permalink fedilink source parent
[–] karlhungus@lemmy.ca 1 point 1 month ago Most of the world has been damaged by it. The us is putting no taxes on wealth, many other country followed suit permalink fedilink source parent